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Chris Perruna: New lows rising as new highs decline

Chris Perruna: New lows rising as new highs decline
New highs fall as lows climb

Chris Perruna, senior vice president at Self-employed, observes an increase in new lows and a decrease in new highs in market activity over the past week.

These trends indicate shifting momentum and may reflect changing investor sentiment within financial markets.

Perruna previously highlighted GCT’s 246 percent gain since December 2023, citing a breakout chart pattern and robust financial results. He also reported that CRCL entered an accumulation zone as it recovered its 200-day moving average with improving fundamentals. These observations reflect Perruna’s ongoing focus on technical indicators and company performance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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