Will Chart Analysts Notice Bad Omen on W.W. Grainger''s Chart
If history is any guide, there may be trouble ahead for shares of W.W. Grainger (NYSE: GWW ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term … Full story available on Benzinga.com
Will Chart Analysts Notice Bad Omen on W.W. Grainger''s Chart
If history is any guide, there may be trouble ahead for shares of W.W. Grainger (NYSE: GWW ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term … Full story available on Benzinga.com