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Is NEGG ready to make a move? NR7 shows up after gaining 2.41%
NEGG closed up 2.41% on Thursday, July 9th, with volume running 0.1× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 14.5, 14.16 & 13.92, with resistance at 15.08, 15.32 & 15.66. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NEGG: F
There’s more where that came from. See all of today’s signals for NEGG here.
Read full article here »