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20 Day Moving Average Resistance appears for SQNS after 1.23% move
SQNS closed down 1.23% on Thursday, July 2nd, with volume running 0.2× below average. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 3.09, 2.99 & 2.8, with resistance at 3.38, 3.57 & 3.67.
Current SwingTradeBot Technical Rating of SQNS: F
There’s more where that came from. See all of today’s signals for SQNS here.
Read full article here »