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Is LE showing downside potential? Fell Below 20 Day Moving Average shows up after plummeting 11.11%
LE finished lower by 11.11% on Thursday, July 9th, trading 0.3 times its typical volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 10.32, 9.92 & 9.24, with resistance at 11.41, 12.09 & 12.49.
Current SwingTradeBot Technical Rating of LE: F
Just a sneak peek — check SwingTradeBot.com for the full story on LE.
Read full article here »