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Is TREE lining up for a decline? Fell Below 20 Day Moving Average shows up after tumbling 6.09%
On Monday, June 22nd, TREE moved down 6.09% while volume was to 3.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA, Non-ADX 1,2,3,4 Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 35.43, 34.18 & 32.19, with resistance at 38.67, 40.66 & 41.91.
Current SwingTradeBot Technical Rating of TREE: F
See all signals and full analysis for TREE on SwingTradeBot.com →
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