A lot of major stocks are closing below the previous wich and leaving either a hangman or a doji on 6 month candles.
Check out 6 month candles on
AAPL
,
AMZN
,
AMD
,
DIS
,
NIO
,
TSLA
,
XRO
. And
MSFT
has drawn 10 6-month candles in a row, I've never seen 11.
Also most of these have RSI in the 90's.
Bear in mind (haha a pun!) that these are 6 month candles and it will take 6-12 month to actually confirm bearish. Patience can be hard.
Check out 6 month candles on
AAPL
,
AMZN
,
AMD
,
DIS
,
NIO
,
TSLA
,
XRO
. And
MSFT
has drawn 10 6-month candles in a row, I've never seen 11. Also most of these have RSI in the 90's.
Bear in mind (haha a pun!) that these are 6 month candles and it will take 6-12 month to actually confirm bearish. Patience can be hard.