shooting star candlestick pattern on weekly time frame
shooting star candlestick is formed on the weekly time frame. As you all know shooting star is a bearish candlestick pattern/reversal pattern and predicts a fall in price. since the stock is trading at its all-time high can't say.
On the other hand, if you watch the chart on a daily time frame, then you can encounter a RSI Divergence.
On the other hand, if you watch the chart on a daily time frame, then you can encounter a RSI Divergence.
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