Hello,
Divergence clear on this stock signalling we might be close to the bottom. Divergence in stocks refers to a situation where the price of a particular stock or index moves in a different direction than an indicator or another related stock or index. It indicates a potential shift in market sentiment or investor behavior, creating a disparity between the expected and observed trends. Divergence can occur in various forms, such as price-oscillator divergence or intermarket divergence, and is often considered a signal of a possible reversal or correction in the stock's price trajectory. Traders and investors closely monitor divergence patterns as they can provide valuable insights into market dynamics and aid in making informed decisions.
Divergence clear on this stock signalling we might be close to the bottom. Divergence in stocks refers to a situation where the price of a particular stock or index moves in a different direction than an indicator or another related stock or index. It indicates a potential shift in market sentiment or investor behavior, creating a disparity between the expected and observed trends. Divergence can occur in various forms, such as price-oscillator divergence or intermarket divergence, and is often considered a signal of a possible reversal or correction in the stock's price trajectory. Traders and investors closely monitor divergence patterns as they can provide valuable insights into market dynamics and aid in making informed decisions.
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Moving as xpected
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Safaricom at the bottom
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Price is at the bottom
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Twitter: twitter.com/thesharkke
Free in-depth stock markets analysis Telegram channel: t.me/stocksfromtechnicaleye
Happy trading!