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Is FIVE poised for a breakout? NR7 shows up after gaining 1.39%
FIVE closed up 1.39% on Thursday, June 18th, with volume running 0.5× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 191.96, 190.01 & 188.5, with resistance at 195.42, 196.93 & 198.88. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FIVE: C
There’s more where that came from. See all of today’s signals for FIVE here.
Read full article here »