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Is QFIN showing downside potential? Lower Bollinger Band Walk shows up after sliding 4.14%
QFIN posted a 4.14% loss on Tuesday, July 14th, accompanied by 1.4× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 12.01, 11.75 & 11.33, with resistance at 12.69, 13.11 & 13.37. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of QFIN: F
Just a sneak peek — check SwingTradeBot.com for the full story on QFIN.
Read full article here »