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Is SFIX ready to move higher? Upper Bollinger Band Walk shows up after sinking 2.49%
On Thursday, June 25th, SFIX moved down 2.49% while volume was to 1.2× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 4.19, 4.07 & 3.92, with resistance at 4.45, 4.6 & 4.72. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of SFIX: B
There’s more where that came from. See all of today’s signals for SFIX here.
Read full article here »