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Is ONL likely to continue lower? Fell Below 20 Day Moving Average shows up after sinking 1.05%
On Thursday, July 2nd, ONL moved down 1.05% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 2.8, 2.77 & 2.72, with resistance at 2.88, 2.93 & 2.96.
Current SwingTradeBot Technical Rating of ONL: B
There’s more where that came from. See all of today’s signals for ONL here.
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