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Shooting Star Candlestick appears for EIG after 0.06% move
On Monday, June 22nd, EIG moved down 0.06% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Shooting Star, New 52 Week High & Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 46.21, 45.9 & 45.28, with resistance at 47.14, 47.76 & 48.07. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of EIG: A
This might just be the start. See what else showed up for EIG today.
Read full article here »