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Is POET consolidating before a move? NR7 shows up after plummeting 6.81%
On Friday, June 26th, POET moved down 6.81% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 9.17, 8.9 & 8.5, with resistance at 9.84, 10.24 & 10.51. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of POET: D
See all signals and full analysis for POET on SwingTradeBot.com →
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