If it breaks the expanding triangle on closing basis, we are looking at 20-25% correction from here.
Daily RSI was oversold at the bottom and failed to come over 30 in last 2 days.
Worrisome signs.
Spot the similarities here in the price action:#AARTIDRUGS
— Mayank Narula (@Mayank_Narula1) October 10, 2020
2013-2015: Monthly RSI goes over 70 and stock goes up 4-5x.
2015-2020: range consolidation
2020: repeat of 2013-15 in few months pic.twitter.com/53L2fNpJoM