AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Based on my analysis of Momentus's 15-minute chart, it appears that there have been signs of oversold conditions, as evidenced by a recent reading of the Relative Strength Index (RSI) below 30. Additionally, the KDJ indicator has triggered a golden cross, indicating a shift in momentum towards the upside and suggesting that the stock price may have further room to increase. Given the rapid decline in stock price, it is possible that the fundamentals of the company are stronger than the market currently reflects. Therefore, investors may want to consider this as a potential buying opportunity.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet