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Turtle271

$NEGG | Bearish Rising Wedge

Short
Newegg Commerce, Inc. (NASDAQ:NEGG)  
Turtle271 Updated   
NASDAQ:NEGG   Newegg Commerce, Inc.
Chart Patterns Technical Indicators Bearish Patterns NEGG
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chartpattern indicator bearish negg
- $NEGG is in a Rising Wedge formationg, which is a bearish formation
- The RSI is showing bearish divergence with diminishing volume
- The 50 and 200 Simple Moving Averages are coming in for a cross -> Death Cross (Bearish)
Trade closed: target reached:
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