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PRG makes New 52 Week Closing High on June 25
On Thursday, June 25th, PRG moved up 5.06% while volume surged to 2.1× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, New Uptrend, Upper Bollinger Band Walk, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 41.6, 39.8 & 38.46, with resistance at 44.75, 46.09 & 47.89. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of PRG: A
There’s more where that came from. See all of today’s signals for PRG here.
Read full article here »