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Is WHD likely to continue lower? Lower Bollinger Band Walk shows up after gaining 3.32%
WHD posted a 3.32% gain on Tuesday, June 30th, accompanied by 0.6× normal trading volume. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 50.11, 48.99 & 48.37, with resistance at 51.86, 52.48 & 53.6. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of WHD: C
There’s more where that came from. See all of today’s signals for WHD here.
Read full article here »