$Alphabet(GOOG)$ and
$Airbnb, Inc.(ABNB)$ both the companies experienced bullish engulfing candles in last week trading session, this is a strong technical indicator suggesting a potential reversal in trend and a surge in investors optimism. Alphabet and Airbnb share price have been trading above EMAs, which is also a sign of strength.
$Li Auto(LI)$ share price gapped in this week opening, this is a sign of strength, whereby share price is possible of moving higher.
$Faraday Future Intelligent Electric Inc.(FFIE)$ have been trading lower with increased volume. When trading volume and the price are moving in opposite directions, it results in volume divergence.
A bullish volume divergence is when the stock price is falling, but the trading volume is simultaneously increasing. This means that although sellers are driving the price down, buyer activity is also building, leading to a higher number of fulfilled traders (and therefore higher volumes). Eventually, this may cause a trend reversal and drive the price upward.
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