Is Thomas Scott technically bullish or bearish?

Jun 29 2025 08:03 AM IST
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As of June 27, 2025, the technical trend is bullish, supported by strong MACD and Bollinger Bands indicators, although caution is advised due to a bearish weekly RSI.
As of 27 June 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The MACD is bullish on both weekly and monthly time frames, while the Bollinger Bands also indicate bullish conditions on both time frames. The daily moving averages are bullish, reinforcing the positive outlook. However, the weekly RSI is bearish, which suggests some caution, but the overall momentum remains strong with the OBV showing bullish signals on both weekly and monthly charts. The Dow Theory indicates a mildly bullish stance on both time frames, adding to the bullish sentiment.
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