What is the significance of the MACD death cross and tightening Bollinger bands for GigaCloud Technology?

The MACD death cross and tightening Bollinger bands are significant indicators for GigaCloud Technology:1. MACD Death Cross: This occurs when the MACD line crosses below its signal line, indicating a potential reversal in the trend. It suggests that the security's price may decline, and traders may consider selling or taking a short position.2. Tightening Bollinger Bands: When the Bollinger bands are narrowing, it indicates reduced volatility and a possible breakout. If the bands are tightening and the price is approaching the upper band, it may suggest an overbought condition, while a tightening of the bands near the lower band may indicate an oversold condition.These indicators can be valuable tools for traders to make informed decisions about entering or exiting positions in GigaCloud Technology. However, it's essential to consider other factors and perform thorough analysis before making any trading decisions.