Is Trailblazer Merger Corp. I technically bullish or bearish?
As of March 7, 2024, the trend has shifted to bullish with moderate strength, supported by bullish MACD, moving averages, and Bollinger Bands, although caution is advised due to a bearish monthly RSI and mildly bearish signals from Dow Theory.
As of 7 March 2024, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly timeframe, bullish moving averages on the daily timeframe, and bullish Bollinger Bands on the weekly. However, the monthly RSI remains bearish, and Dow Theory shows a mildly bearish signal on the weekly, suggesting some caution. Overall, the bullish trend is supported by recent price action, with today's high reaching 11.79, above the previous close of 11.64.
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