The spread of 5 days moving average and 25 days moving average has expanded. the spread will shrink in short term. The upturn trend has changed to flat. Someone who bought in end of April will sell off their position to get the profit.
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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.