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Is EGHT showing upside potential? 200 Day Moving Average Support shows up after climbing 0.99%
On Thursday, July 9th, EGHT moved up 0.99% while volume shrunk to 0.1× the usual levels. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while 50 DMA Resistance and Stochastic Sell Signal indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 2.0, 1.94 & 1.89, with resistance at 2.1, 2.15 & 2.21. 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 »