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Is NEXA set to rally? Stochastic Buy Signal shows up after soaring 8.31%
On Thursday, July 2nd, NEXA moved up 8.31% while volume increased to 1.5× the usual levels. Mixed technical signals appeared with Stochastic Buy Signal and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 12.34, 11.63 & 10.61, with resistance at 14.07, 15.09 & 15.8.
Current SwingTradeBot Technical Rating of NEXA: C
This might just be the start. See what else showed up for NEXA today.
Read full article here »