CYberviRus
09-09

$iQiyi Inc.(IQ)$ has experienced a 5 consecutive weeks down moves, which has exceeded its one standard deviation price runs. In order to break the sequence, it is possible that the price will move higher.

Standard deviation (SD) is a statistical measure that indicates how much a stock's price typically deviates from its average price. A price movement exceeding one, two or more SD suggests a more significant deviation than usual, potentially signaling a trend change or overbought/oversold territory.

$Bank of America(BAC)$  $Wells Fargo(WFC)$  share price have formed a bearish engulfing candle in recent trading session, indicating sign of weakness. Their share prices are possible of moving lower.

Engulfing candle provide an approach for traders to enter the market in anticipation of a possible trend reversal.

$Alibaba(BABA)$  $NIO Inc.(NIO)$  share prices have formed a swing low in recent price movements.

Swing highs are points on a chart where the price of a security reaches a high point before falling back down, while swing lows are points where the price reaches a low point before rebounding. These highs and lows can be used to identify temporary trends reversal, as well as areas of support and resistance.

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