How low will she go?
Oversold on RSI..but when a stock gaps down with a huge red candle, you can usually expect further declines..or it can pop back tomorrow..closing in on S..but if we go in to a bear market, then stocks at the top may take a beating, and this one has made a lot of gains..
The selling could go off and on until earnings on 2-25..
Our economy reminds me of the titanic splitting apart at the seams, yet everyone upstairs partying and totally oblivious to what is going on..then we sink )o:
Not a recommendation
Oversold on RSI..but when a stock gaps down with a huge red candle, you can usually expect further declines..or it can pop back tomorrow..closing in on S..but if we go in to a bear market, then stocks at the top may take a beating, and this one has made a lot of gains..
The selling could go off and on until earnings on 2-25..
Our economy reminds me of the titanic splitting apart at the seams, yet everyone upstairs partying and totally oblivious to what is going on..then we sink )o:
Not a recommendation
Note
I meant to say when u have a gap down and huge red engulfing candle, further decline is possible..this one has been sending out "I am in trouble signals" for several days
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.