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20 Day Moving Average Support appears for OEC after 3.88% move
OEC posted a 3.88% loss on Thursday, June 18th, accompanied by 3.5× normal trading volume. The unusually high volume suggests institutional participation in today's move. The session formed a 20 DMA Support, often signaling a possible continuation. Key support levels exist at 7.24, 7.04 & 6.72, with resistance at 7.77, 8.09 & 8.29.
Current SwingTradeBot Technical Rating of OEC: B
This might just be the start. See what else showed up for OEC today.
Read full article here »