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NDLS forms Lower Bollinger Band Walk on July 10
On Friday, July 10th, NDLS moved up 3.73% while volume shrunk to 0.6× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 11.86, 11.22 & 10.68, with resistance at 13.04, 13.58 & 14.22. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of NDLS: B
This might just be the start. See what else showed up for NDLS today.
Read full article here »