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Is DSX heading for a slide? Lower Bollinger Band Walk shows up after sliding 0.97%
On Thursday, June 25th, DSX moved down 0.97% while volume was to 0.8× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1.99, 1.94 & 1.88, with resistance at 2.1, 2.16 & 2.21. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of DSX: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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