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New 52 Week Closing Low appears for PFLT after 3.1% move
PFLT closed down 3.1% on Wednesday, June 24th, with volume running 0.2× below average. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 7.11, 7.05 & 6.91, with resistance at 7.31, 7.45 & 7.51. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PFLT: F
There’s more where that came from. See all of today’s signals for PFLT here.
Read full article here »