Moody's bearish divergence

21 july 2022 63
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Since the beginning of the year, Moody's stock price has been moving in a descending channel. Now the price is near its upper boundary, and the last candle is the doji. Also, the DeMarker indicator formed a bearish divergence, signaling an upcoming reversal. We expect the Moody's stock price to decline towards the lower boundary of the channel.

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