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FCPT forms 50 Day Moving Average Support on June 25
FCPT closed down 0.52% on Thursday, June 25th, with volume running 1.0× below average. Mixed technical signals appeared with 50 DMA Support and MACD Bullish Centerline Cross suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 24.8, 24.59 & 24.34, with resistance at 25.27, 25.52 & 25.73.
Current SwingTradeBot Technical Rating of FCPT: C
There’s more where that came from. See all of today’s signals for FCPT here.
Read full article here »