Bearish Divergence: Bearish divergence occurs when the price of an asset is making a higher high, but the technical indicator is making a lower high. This suggests that the momentum behind the uptrend is weakening, and the price may be about to reverse and start a downtrend. Bearish divergence is typically seen as a sell signal by traders and investors.
If you look at WFC it is increasing in price with momentum decreasing. It is also near is resistance level and only novice traders buy near its highs! Whats your thoughts on WFC
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