(Premium) Communication Services: What’s Not to Like?
There are two ways to work off a momentum divergence. Through corrective price action or through time.
Last month, we wrote this about Communication Services:
Communications relative to the S&P 500 is running into resistance from last April’s lows. On its most recent attempt move higher, RSI set a much lower high. After outperforming the S&P 500 by more t…