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200 Day Moving Average Resistance appears for KRUS after 0.71% move
On Thursday, July 2nd, KRUS moved down 0.71% while volume was to 1.2× the usual levels. The session formed a 200 DMA Resistance, often signaling a possible continuation. Key support levels exist at 55.94, 54.26 & 52.47, with resistance at 59.41, 61.2 & 62.88. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of KRUS: C
Today’s move could mean more—check all the signals for KRUS on SwingTradeBot.
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