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Is PKE setting up for a drop? Fell Below 20 Day Moving Average shows up after plummeting 7.48%
On Friday, July 10th, PKE moved down 7.48% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 32.11, 30.57 & 28.02, with resistance at 36.2, 38.75 & 40.29.
Current SwingTradeBot Technical Rating of PKE: B
There’s more where that came from. See all of today’s signals for PKE here.
Read full article here »