MCHP Nyse: SORT Analysis
AN INTRADAY (2 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
1) TWO TOPS DIVERGED TO RSI OSCILLATOR FOR BEARISH MOVEMENT
2) BREAKING DOWN THE 50 LEVEL IN RSI OSCILLATOR
3) TRENDING CHANNEL LINE BREAKOUT.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
1) TWO TOPS DIVERGED TO RSI OSCILLATOR FOR BEARISH MOVEMENT
2) BREAKING DOWN THE 50 LEVEL IN RSI OSCILLATOR
3) TRENDING CHANNEL LINE BREAKOUT.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
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