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AVTX forms Pocket Pivot on June 26
On Friday, June 26th, AVTX moved up 1.11% while volume was to 4.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Upper Bollinger Band Walk and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 17.75, 17.29 & 16.94, with resistance at 18.56, 18.91 & 19.37. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of AVTX: A
This might just be the start. See what else showed up for AVTX today.
Read full article here »