Tavia-U's 15min chart triggers SMA20 upturn, SMA50 downtrend.

Monday, Feb 24, 2025 4:04 pm ET1min read
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On Tavia-U's 15-minute chart, a significant technical development has occurred. Specifically, the short-term Simple Moving Average (SMA) at 20 days has turned upward, while the longer-term SMA at 50 days has turned downward. This shift in market sentiment is indicative of a shift in control, with buyers dominating the market in the short-term and exerting upward pressure on the price. Conversely, in the mid-term, the shift in control is towards sellers, who are exerting downward pressure on the price.

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