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POWL Fell Below 20 Day Moving Average on June 23
POWL closed down 5.34% on Tuesday, June 23rd, with volume running 2.4× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 280.1, 268.85 & 257.69, with resistance at 302.51, 313.67 & 324.92.
Current SwingTradeBot Technical Rating of POWL: A
There’s more where that came from. See all of today’s signals for POWL here.
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