Positive moving average crossover when the 20 day moving average crossed through then above the 50. However price is below these 2 moving averages today.
Red Marubozu candle, with both end shaven at this moment which is bearish. As a rule, price goes down further when you see this candle as it is bearish.
A support level is down below. Stronger support levels below this one/green dashed lines with the thickest dashed line being the strongest. If price were to breach that last support level, then there is no support underneath and it will end up like HOOD and RIVN, gasping for air. Let's hope not but something to be aware of and is the "sux rox" part of trading newer securities.
A Death cross is defined to some as the 50 (orange) passing down and through the 200 (red), but there are those who define a death cross as the 50 crossing through the 100 (yellow). These are warning signs, but again, moving averages are lagging indicators.
No recommendation and be safe. This one may be best to avoid or to trade short term until the market chills out a bit.
Short percent is 15.5% which is on the high side.
The 4 most expensive words in the English language are "This time it is different"
Red Marubozu candle, with both end shaven at this moment which is bearish. As a rule, price goes down further when you see this candle as it is bearish.
A support level is down below. Stronger support levels below this one/green dashed lines with the thickest dashed line being the strongest. If price were to breach that last support level, then there is no support underneath and it will end up like HOOD and RIVN, gasping for air. Let's hope not but something to be aware of and is the "sux rox" part of trading newer securities.
A Death cross is defined to some as the 50 (orange) passing down and through the 200 (red), but there are those who define a death cross as the 50 crossing through the 100 (yellow). These are warning signs, but again, moving averages are lagging indicators.
No recommendation and be safe. This one may be best to avoid or to trade short term until the market chills out a bit.
Short percent is 15.5% which is on the high side.
The 4 most expensive words in the English language are "This time it is different"
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.