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THC forms New Uptrend on June 16
On Tuesday, June 16th, THC moved up 2.48% while volume was to 0.8× the usual levels. Mixed technical signals appeared with New Uptrend and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 180.85, 178.15 & 176.18, with resistance at 185.53, 187.5 & 190.2. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of THC: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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