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New Downtrend appears for DXC after 1.51% move
On Tuesday, June 23rd, DXC moved up 1.51% while volume increased to 1.4× the usual levels. Multiple bearish signals emerged — New Downtrend and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 8.22, 8.04 & 7.88, with resistance at 8.57, 8.73 & 8.91. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of DXC: F
This might just be the start. See what else showed up for DXC today.
Read full article here »