A lot of major stocks are closing below the previous wich and leaving either a hangman or a doji on 6 month candles.
Check out 6 month candles on
AAPL,
AMZN,
AMD,
DIS,
NIO,
TSLA,
XRO. And
MSFT has drawn 10 6-month candles in a row, I've never seen 11.
Also most of these have RSI in the 90's.
Bear in mind (haha a pun!) that these are 6 month candles and it will take 6-12 month to actually confirm bearish. Patience can be hard.
Check out 6 month candles on
Also most of these have RSI in the 90's.
Bear in mind (haha a pun!) that these are 6 month candles and it will take 6-12 month to actually confirm bearish. Patience can be hard.
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