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.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.