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20 Day Moving Average Resistance appears for POWI after 9.07% move
POWI finished lower by 9.07% on Thursday, July 2nd, trading 1.1 times its typical volume. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 69.14, 65.3 & 59.68, with resistance at 78.6, 84.22 & 88.06.
Current SwingTradeBot Technical Rating of POWI: C
What else did POWI do today? Find out on SwingTradeBot.
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