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Is VATE signaling selling opportunity? Lower Bollinger Band Walk shows up after tumbling 11.11%
VATE finished lower by 11.11% on Thursday, July 9th, trading 0.2 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 9.46, 8.77 & 7.37, with resistance at 11.55, 12.95 & 13.64. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of VATE: C
There’s more where that came from. See all of today’s signals for VATE here.
Read full article here »