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Lower Bollinger Band Walk appears for MEOH after 5.88% move
MEOH closed down 5.88% on Wednesday, June 24th, with volume running 1.8× above average. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 47.23, 46.31 & 44.74, with resistance at 49.72, 51.29 & 52.21. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MEOH: D
Don’t miss other key signals MEOH triggered—view them now on SwingTradeBot.com.
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