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Directional Movement Crossover Bearish appears for SPT after 4.73% move
SPT finished lower by 4.73% on Thursday, June 18th, trading 0.9 times its typical volume. Multiple bearish signals emerged — Stochastic Reached Oversold and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 6.43, 6.32 & 6.11, with resistance at 6.75, 6.96 & 7.07. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SPT: D
There’s more where that came from. See all of today’s signals for SPT here.
Read full article here »