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Is FIX building bearish momentum? 50 Day Moving Average Resistance shows up after plummeting 6.64%
FIX finished lower by 6.64% on Thursday, July 2nd, trading 1.3 times its typical volume. Multiple bearish signals emerged — 50 DMA Resistance and Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 1673.75, 1606.19 & 1499.86, with resistance at 1847.64, 1953.97 & 2021.53.
Current SwingTradeBot Technical Rating of FIX: C
There’s more where that came from. See all of today’s signals for FIX here.
Read full article here »