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Is PVL ready to move lower? Lower Bollinger Band Walk shows up after dropping 0.59%
PVL posted a 0.59% loss on Tuesday, June 30th, accompanied by 0.7× normal trading volume. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 1.67, 1.66 & 1.63, with resistance at 1.72, 1.75 & 1.76. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PVL: D
There’s more where that came from. See all of today’s signals for PVL here.
Read full article here »