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Is WHD heading for a slide? Lower Bollinger Band Walk shows up after slipping 2.82%
WHD closed down 2.82% on Friday, June 26th, with volume running 1.5× above average. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 50.87, 49.74 & 48.53, with resistance at 53.21, 54.42 & 55.55.
Current SwingTradeBot Technical Rating of WHD: C
Just a sneak peek — check SwingTradeBot.com for the full story on WHD.
Read full article here »