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LX makes New 52 Week Closing Low on July 13
On Monday, July 13th, LX moved down 6.58% while volume was to 5.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 1.44, 1.4 & 1.32, with resistance at 1.56, 1.64 & 1.68. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of LX: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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