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Is VFC poised for gains? MACD Bullish Signal Line Cross shows up after climbing 0.66%
On Monday, July 13th, VFC moved up 0.66% while volume was to 0.7× the usual levels. Mixed technical signals appeared with MACD Bullish Signal Line Cross suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.69, 16.5 & 16.19, with resistance at 17.19, 17.5 & 17.69.
Current SwingTradeBot Technical Rating of VFC: C
There’s more where that came from. See all of today’s signals for VFC here.
Read full article here »