AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
According to the 15-minute chart of Strive Pref A, several technical indicators are signaling a bearish trend. Specifically, the Relative Strength Index (RSI) has reached overbought levels, the KDJ Death Cross has been triggered, and a bearish Marubozu candlestick pattern has appeared. These indicators suggest that the stock price has risen too quickly and is no longer supported by fundamental analysis, indicating a shift in momentum towards the downside. Furthermore, the sellers are currently in control of the market, and there is a high probability that the bearish trend will continue.
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet