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EGHT forms Stochastic Reached Overbought on July 6
On Monday, July 6th, EGHT moved up 6.56% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.85, 1.75 & 1.7, with resistance at 2.0, 2.05 & 2.15. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EGHT: D
Just a sneak peek — check SwingTradeBot.com for the full story on EGHT.
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