$Alibaba(BABA)$  $iQiyi Inc.(IQ)$  $JD.com(JD)$  $Baidu(BIDU)$  have experienced a five consecutive weeks down moves, which have exceeded its one and two standard deviations price runs. In oder to break the sequence, it is possible that the price will move higher.

$Li Auto(LI)$  have experienced a seven consecutive weeks down moves. In oder 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.

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  • Possible breakout soon! [Great] [Thinking]
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  • huuou
    ·06-24
    Wow, impressive analysis on the consecutive down moves
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