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Upper Bollinger Band Walk appears for NHI after 1.73% move
On Tuesday, June 30th, NHI moved down 1.73% while volume increased to 1.4× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 75.17, 74.07 & 72.78, with resistance at 77.56, 78.85 & 79.95. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of NHI: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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