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Is NTWK set to rally? Crossed Above 20 Day Moving Average shows up after rising 2.24%
On Friday, June 26th, NTWK moved up 2.24% while volume was to 4.1× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 4.38, 4.19 & 3.98, with resistance at 4.78, 4.99 & 5.18.
Current SwingTradeBot Technical Rating of NTWK: B
There’s more where that came from. See all of today’s signals for NTWK here.
Read full article here »