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Slingshot Bearish appears for ERIC after 0.74% move
On Thursday, July 2nd, ERIC moved down 0.74% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — Slingshot Bearish, Reversal New Lows Setup & Expansion Breakdown — suggesting potential weakness ahead. Key support levels exist at 10.64, 10.5 & 10.27, with resistance at 11.01, 11.24 & 11.38. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ERIC: D
There’s more where that came from. See all of today’s signals for ERIC here.
Read full article here »