AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Based on BGM Group's 15-minute chart, there are several technical indicators that suggest a potential reversal in the stock's momentum. The Relative Strength Index (RSI) has entered the overbought zone, indicating that the stock price has risen too rapidly and is no longer supported by fundamentals. Additionally, the KDJ (KST Divergence) indicator has triggered a death cross, which is a bearish signal that suggests the momentum of the stock price is shifting towards the downside and may continue to decline. These indicators suggest that the stock price may be due for a correction and investors should be cautious in the short term.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet