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LECO forms 200 Day Moving Average Resistance on July 10
LECO closed up 1.88% on Friday, July 10th, with volume running 0.6× below average. Multiple bearish signals emerged — 200 DMA Resistance and Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 247.59, 244.21 & 241.53, with resistance at 253.66, 256.34 & 259.72. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of LECO: D
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