Based on the principle of Harmony & Divergence, should we expect this uptrend to continue higher or reverse and move lower?
Understand the Problem
The question is asking whether, based on the principles of Harmony and Divergence, a given uptrend in a stock chart is expected to continue or reverse. This involves analyzing market trends and price movements.
Answer
Continue if no divergence is detected.
Without evidence of divergence, expect the uptrend to continue.
Answer for screen readers
Without evidence of divergence, expect the uptrend to continue.
More Information
Divergence, in technical analysis, typically suggests a potential change in trend momentum. No divergence means the uptrend remains strong.
Tips
A common mistake is to assume divergence automatically confirms a reversal, rather than a potential signal to reassess strategy.
Sources
- Based on the principle of Harmony & Divergence, should we expect ... - quizgecko.com
- What Is Divergence in Technical Analysis? - TrendSpider - trendspider.com
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