/biz/ - Business & Finance

So you can't see it but the 50DMA is at 39.64 here. Going back the last week the 50 moves up about 10-15c a day and the 200 moves down 1-3c a day. Obviously this one is calculated on daily closing price and idk if that's standard or how the algos that might react to the metric do the accounting but I think this explains the dips in the last trading hour because they really do not want this golden cross to happen. Ofc there are a lot of things they don't want to happen lol. Should be a fun friday let's have fun :)