Flashlover. If you google investopedia, “What is death cross”, there is some good information as shown above in example.
By JAMES CHEN Updated Jan 7, 2021What Is a Death Cross? The death cross is a technical chart pattern indicating the potential for a major sell-off. The death cross appears on a chart when a stock’s short-term moving average crosses below its long-term moving average. Typically, the most common moving averages used in this pattern are the 50-day and 200-day moving averages.
As stated, there has been a credit raise at 55c so keep FA in mind when assessing chart. Our 50 100 and 200 MAs are still bullish. (Trending higher). AIMO
NOV Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
