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Is DAC likely to continue lower? MACD Bearish Centerline Cross shows up after sliding 0.72%
On Thursday, June 25th, DAC moved down 0.72% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — Stochastic Reached Oversold, Lower Bollinger Band Walk, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 123.36, 122.33 & 120.97, with resistance at 125.75, 127.11 & 128.14. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of DAC: A
There’s more where that came from. See all of today’s signals for DAC here.
Read full article here »