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Is NHI set to rally? Upper Bollinger Band Walk shows up after dropping 1.77%
On Tuesday, June 30th, NHI moved down 1.77% while volume shrunk to 0.5× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 75.18, 74.12 & 72.83, with resistance at 77.52, 78.81 & 79.87. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NHI: D
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