A Bearish Sign Appears On AmerisourceBergen''s Chart
If history is any guide, there may be trouble ahead for shares of AmerisourceBergen (NYSE: ABC ). 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
A Bearish Sign Appears On AmerisourceBergen''s Chart
If history is any guide, there may be trouble ahead for shares of AmerisourceBergen (NYSE: ABC ). 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