Chris Remington@beehaw.orgM to Technology@beehaw.org · 9 days agoTesla Stock Price Reaches 'Death Cross' Statusgizmodo.comexternal-linkmessage-square16linkfedilinkarrow-up127arrow-down10
arrow-up127arrow-down1external-linkTesla Stock Price Reaches 'Death Cross' Statusgizmodo.comChris Remington@beehaw.orgM to Technology@beehaw.org · 9 days agomessage-square16linkfedilink
minus-squarejayemar@lemm.eelinkfedilinkarrow-up0·9 days agoNothing in that article even explained what a “death cross” is
minus-squareALoafOfBread@lemmy.mllinkfedilinkarrow-up2·edit-28 days agoBasically it is a “technical analysis” thing. Which basically means divination based on “shapes stonk line make”. Death cross scary shape when stonk line cross other line
minus-squareaudaxdreik@pawb.sociallinkfedilinkEnglisharrow-up2·9 days agoSecond paragraph? Tesla is just the latest to see the symbol of bearishness, which occurs when a company’s 50-day moving average crosses and drops below the 200-day average. As an example, https://assets.finbold.com/uploads/2024/06/What-is-a-death-cross--1024x631.jpg
minus-squarebradorsomething@ttrpg.networklinkfedilinkarrow-up1·9 days agoInvestopedia is a great resource for things like this: https://www.investopedia.com/terms/d/deathcross.asp
Nothing in that article even explained what a “death cross” is
Basically it is a “technical analysis” thing. Which basically means divination based on “shapes stonk line make”.
Death cross scary shape when stonk line cross other line
Second paragraph?
As an example,
https://assets.finbold.com/uploads/2024/06/What-is-a-death-cross--1024x631.jpg
Investopedia is a great resource for things like this: https://www.investopedia.com/terms/d/deathcross.asp