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WSE forms Bearish Engulfing on June 30
WSE finished lower by 2.62% on Tuesday, June 30th, trading 1.2 times its typical volume. Multiple bearish signals emerged — Bearish Engulfing, New Downtrend & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 11.73, 11.56 & 11.23, with resistance at 12.23, 12.56 & 12.73. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of WSE: D
There’s more where that came from. See all of today’s signals for WSE here.
Read full article here »