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Applied Materials, DraftKings, 3 Others: Higher Highs, Declining RSI

Nasdaq, tech getty Nasdaq stocks hitting higher highs but showing technical negative divergences may be a problem for shareholders. These 5, from diverse industry sectors, brought in enough buyers last week to establish yearly new highs — but without the confirmation of a key technical indicator. The relative strength index, pioneered decades ago by analyst [...]

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Applied Materials, DraftKings, 3 Others: Higher Highs, Declining RSI

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