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Is TFX setting up for a drop? 20 Day Moving Average Resistance shows up after climbing 1.01%
On Thursday, June 25th, TFX moved up 1.01% while volume shrunk to 0.4× the usual levels. Multiple bearish signals emerged — Shooting Star, 20 DMA Resistance, 50 DMA Resistance, Shooting Star Candlestick & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 126.46, 125.14 & 123.4, with resistance at 129.52, 131.26 & 132.58.
Current SwingTradeBot Technical Rating of TFX: C
There’s more where that came from. See all of today’s signals for TFX here.
Read full article here »