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Is EGHT building bullish momentum? 200 Day Moving Average Support shows up after climbing 1.48%
EGHT closed up 1.48% on Thursday, July 9th, with volume running 0.6× below average. 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 & 1.9, with resistance at 2.11, 2.15 & 2.21. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of EGHT: C
This might just be the start. See what else showed up for EGHT today.
Read full article here »