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ACDC Fell Below 50 Day Moving Average on June 16
ACDC closed down 6.5% on Tuesday, June 16th, with volume running 0.7× below average. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 6.36, 6.17 & 5.8, with resistance at 6.91, 7.28 & 7.47.
Current SwingTradeBot Technical Rating of ACDC: C
There’s more where that came from. See all of today’s signals for ACDC here.
Read full article here »