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Hydrofarm's 15min chart sees MACD Golden Cross and RSI oversold conditions.
ByAinvest
Tuesday, May 20, 2025 2:02 pm ET1min read
Hydrofarm's 15-minute chart has recently exhibited a significant technical indicator, the MACD Golden Cross, in conjunction with an RSI reading of 20 at 14:00 on May 20, 2025. This suggests that the stock price may continue to rise, as the MACD Golden Cross is a bullish indicator that signals a potential reversal in trend. Additionally, the RSI reading of 20 indicates that the stock price has dropped rapidly and is currently below its fundamental support level. Overall, these technical indicators suggest that Hydrofarm's stock price may be poised for further upward momentum.
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