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Is GPUS showing downside potential? Fell Below 20 Day Moving Average shows up after plummeting 26.98%
GPUS finished lower by 26.98% on Wednesday, June 24th, trading 5.5 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA, 200 DMA Resistance & Wide Range Bar — suggesting potential weakness ahead. Key support levels exist at 0.14, 0.08 & -0.01, with resistance at 0.28, 0.37 & 0.42.
Current SwingTradeBot Technical Rating of GPUS: D
There’s more where that came from. See all of today’s signals for GPUS here.
Read full article here »