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CHEF forms Slingshot Bullish on June 17
On Wednesday, June 17th, CHEF moved down 0.83% while volume increased to 1.6× the usual levels. Multiple bullish signals emerged — Upper Bollinger Band Walk and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 90.02, 87.67 & 85.43, with resistance at 94.61, 96.85 & 99.2. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CHEF: A
There’s more where that came from. See all of today’s signals for CHEF here.
Read full article here »