For those interested in my analysis of the guppy
30M chart, normally I dont use the 30. But When I looked at longer TFs it looked rather heavy like it wanted to fall again. Take a look at the 30 the stoch is still up there with the RSI but the macd normally a trailing indicator has alreayd crossed down 3 bars ago. Suffice to say it is almost a sure thing that guppy will fall from here.
I woke up to a dream this morning of her falling from current levels, only to realize after waking up it wasnt a trading day and she couldnt be falling.
I suspect a move back down to 212.42. She seems very buoyant so who knows maybe 213.80 will hold as support, but the most likely scenario is a move back down to 212.42 before moving another leg up or at least before testing 216 again.
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