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Is AVX ready to move higher? Crossed Above 20 Day Moving Average shows up after rallying 5.22%
AVX closed up 5.22% on Thursday, July 2nd, with volume running 0.2× below average. Mixed technical signals appeared with Crossed Above 20 DMA and New Uptrend and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 5.17, 4.89 & 4.48, with resistance at 5.86, 6.27 & 6.55.
Current SwingTradeBot Technical Rating of AVX: F
There’s more where that came from. See all of today’s signals for AVX here.
Read full article here »