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Is FEDU positioned for a breakdown? Fell Below 20 Day Moving Average shows up after tumbling 9.4%
FEDU finished lower by 9.4% on Thursday, June 18th, trading 0.0 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 9.61, 9.39 & 8.95, with resistance at 10.27, 10.71 & 10.93.
Current SwingTradeBot Technical Rating of FEDU: D
There’s more where that came from. See all of today’s signals for FEDU here.
Read full article here »