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Is LFUS setting up for a drop? Fell Below 20 Day Moving Average shows up after plummeting 5.21%
LFUS finished lower by 5.21% on Friday, June 26th, trading 1.9 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 443.75, 435.14 & 420.2, with resistance at 467.3, 482.24 & 490.85.
Current SwingTradeBot Technical Rating of LFUS: A
There’s more where that came from. See all of today’s signals for LFUS here.
Read full article here »