Here’s Why GX Acquisiton Corp. (NASDAQ:GXGXU) Dropped -0.4%

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In its latest trading session, GX Acquisiton Corp. (NASDAQ:GXGXU) dropped by -0.4% – here is what that looked like (as of 2020-01-06):

What’s the reason for these moves? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.02, an Accumulation/Distribution Index (ADI) of 0.02, an On-Balance Volume (OBV) of 10.37, and a Chaiikin Money Flow (CMF) of -10.37. 0.501

So what do these technical indicators mean? Let’s see. Consulting Trading View, we can conclude the following:

So there you have it – our analysis of GX Acquisiton Corp. (NASDAQ:GXGXU). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.