#AXL Exponential Moving Averages ema
The price is currently well above all three EMAs: EMA(7), EMA(25), and EMA(99).
The Gap: When the price stretches this far away from the yellow line (EMA 7), it often acts like a rubber band. Eventually, the price tends to "revert to the mean" (pull back) to touch or get closer to those lines.
Trend: The fan-like spread of the EMAs confirms a strong bullish trend, but the vertical nature of the recent candles suggests this is a "parabolic" move.
2. Relative Strength Index (RSI)
Your RSI(6) is at 90.41.
Extremely Overbought: Standard RSI readings over 70 are considered overbought; 90 is deep into the "danger zone."
Meaning: Buyers are exhausted. While the price can keep going up in a frenzy, a 90 RSI usually precedes a sharp correction or a period of consolidation.
3. Volume and Price Action
Volume Spike: You can see a massive surge in the volume bars at the bottom. This confirms the move is backed by significant capital.
Wicks: The most recent green candle has a small "wick" on top, and the previous one had a long wick reaching up to 0.0962. This shows that sellers are starting to step in at those higher levels to take profits #Mag7Earnings $AXL
