If you find rsi divergence on any timeframe is it considered bad? I am expecting phenomenal earnings in this company and secured a position. After checking the charts last evening I discovered extremely prevalent divergence on the weekly chart but all other timeframes seem to be following price action closely.
My question is, if you find divergence on any timeframe, is it bearish, even if you expect the company to beat all estimates?
Thank you in advance for any guidance.