CYberviRus
09-01

$iQiyi Inc.(IQ)$  has experienced a 4 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.

$Bilibili Inc.(BILI)$  $Intel(INTC)$  share price have formed a bullish engulfing candle in recent trading session, indicating sign of strength. Their share prices are possible of moving higher.

$NVIDIA Corp(NVDA)$  $Shopify(SHOP)$  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.

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  • IMRainmaker
    ·09-06
    Still down 🤨
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