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Is TEX preparing to trend higher? Upper Bollinger Band Walk shows up after sliding 1.45%
On Tuesday, June 23rd, TEX moved down 1.45% while volume surged to 2.0× the usual levels. The unusually high volume suggests institutional participation in today's move. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 65.96, 63.99 & 61.73, with resistance at 70.19, 72.45 & 74.42. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of TEX: A
This might just be the start. See what else showed up for TEX today.
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