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Fell Below 20 Day Moving Average appears for YAAS after 20.2% move
YAAS finished lower by 20.2% on Tuesday, July 14th, trading 8.4 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, New 52 Week Low & Wide Range Bar — suggesting potential weakness ahead. Key support levels exist at 0.63, 0.51 & 0.38, with resistance at 0.88, 1.01 & 1.13.
Current SwingTradeBot Technical Rating of YAAS: F
There’s more where that came from. See all of today’s signals for YAAS here.
Read full article here »