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Is USAR poised for a breakout? NR7 shows up after slipping 2.07%
USAR finished lower by 2.07% on Friday, July 10th, trading 0.4 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 18.16, 17.84 & 17.38, with resistance at 18.94, 19.4 & 19.72. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of USAR: F
There’s more where that came from. See all of today’s signals for USAR here.
Read full article here »