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Is NC likely to continue lower? 50 Day Moving Average Resistance shows up after declining 3.0%
On Wednesday, July 1st, NC moved down 3.0% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 47.87, 47.18 & 45.82, with resistance at 49.92, 51.28 & 51.97.
Current SwingTradeBot Technical Rating of NC: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »