- Price is struggling to move higher here and will likely go test R268-270 or lower.
- MACD has signaled a bearish crossover.
- R276 beaks the bottom of the range .
A bearish MACD crossover occurs when the MACD line, representing the difference between short-term and long-term moving averages, crosses from above to above the signal line. This crossover is considered a bearish signal, indicating a potential downward trend in the stock’s price
- MACD has signaled a bearish crossover.
- R276 beaks the bottom of the range .
A bearish MACD crossover occurs when the MACD line, representing the difference between short-term and long-term moving averages, crosses from above to above the signal line. This crossover is considered a bearish signal, indicating a potential downward trend in the stock’s price