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Is EGHT preparing to trend higher? Crossed Above 200 Day Moving Average shows up after gaining 3.05%
EGHT posted a 3.05% gain on Wednesday, July 8th, accompanied by 1.0× normal trading volume. Mixed technical signals appeared with Crossed Above 200 DMA suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.93, 1.83 & 1.75, with resistance at 2.1, 2.18 & 2.28. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of EGHT: D
This might just be the start. See what else showed up for EGHT today.
Read full article here »