We have a rally since almost a week. Was last week still awful and creating an oversold condition, than the market crawled back this week. Not really flamboyant, but still…
Now just to illustrate that on a technical basis not all is well, we show a chart of one of the market darlings of last week: the (adult) education sector.
Is the magic gone?
Is the magic gone?
For Grand Canyon Education (ticker: LOPE) that seems to be the case. The 60-minute renko-chart is is turning negative.
The CCI is already going down for some time and now this downward movement is confirmed by the SAR.
So beware…..
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