Take a look at the Fibonacci .62 relationship between the last leg up on the long term chart below and the preceding 1 thru 3 legs up from the 2020 low.
Monthly Bars
Crowded I know, the .62 extension is denoted by the dotted line here. The 6.44 low is a rolling chart low obviously.
Have to go to the hourly bar chart for the RSI to generate a negative divergence.
If selling into this run keep leverage low and beware your prime broker.
Just ruminating out loud not trading advice.
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