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LITS forms 50 Day Moving Average Resistance on July 2
LITS closed down 2.0% on Thursday, July 2nd, with volume running 0.4× below average. 50 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 0.92, 0.9 & 0.85, with resistance at 0.99, 1.04 & 1.06. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of LITS: F
There’s more where that came from. See all of today’s signals for LITS here.
Read full article here »