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Is PII poised for a breakout? Bollinger Band Squeeze shows up after sliding 1.76%
On Wednesday, June 17th, PII moved down 1.76% while volume shrunk to 0.6× the usual levels. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 67.42, 66.2 & 63.89, with resistance at 70.94, 73.25 & 74.47.
Current SwingTradeBot Technical Rating of PII: B
There’s more where that came from. See all of today’s signals for PII here.
Read full article here »