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Is DY showing downside potential? 20 Day Moving Average Resistance shows up after sliding 1.03%
DY finished lower by 1.03% on Thursday, June 18th, trading 1.3 times its typical volume. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 442.03, 427.42 & 410.83, with resistance at 473.22, 489.81 & 504.42.
Current SwingTradeBot Technical Rating of DY: A
There’s more where that came from. See all of today’s signals for DY here.
Read full article here »