AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Based on the technical analysis of Rain Enhancement's 15-minute chart, a MACD Death Cross and KDJ Death Cross were observed on December 1, 2022, at 12:45. Furthermore, a Bearish Marubozu pattern was also noted. These indicators collectively suggest that the stock price has the potential to continue its downward trajectory, with a shift in momentum towards the downside. The dominance of sellers in the market and the likelihood of further price decreases support this bearish outlook.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet