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MarketBeat
MarketBeat
Jessica Mitacek

Buyer Beware: These 2 Stocks Charts Just Displayed a Death Cross

Of all the bearish indicators in technical analysis, there is perhaps none more ominous than the death cross.

For beaten-down stocks, the trend confirmation pattern pops up when the short-term 50-day moving average crosses beneath the long-term 200-day moving average, suggesting more downside price action may be ahead.

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