TRCH Fib Analysis
This is a quick overview of a recent runner TRCH.
After gapping through all time highs. We have reached, and closed exactly at, the all time 1.618.
This resistance is just as strong as any other and I expect to see some reaction here. Along with this we have a bearish RSI divergence deep in overbought territory.
While we may continue well past this level. Expect a minor correction before any further continuation.
After gapping through all time highs. We have reached, and closed exactly at, the all time 1.618.
This resistance is just as strong as any other and I expect to see some reaction here. Along with this we have a bearish RSI divergence deep in overbought territory.
While we may continue well past this level. Expect a minor correction before any further continuation.
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