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DLR forms 200 Day Moving Average Support on July 16
DLR closed down 1.4% on Thursday, July 16th, with volume running 0.8× below average. The session formed a 200 DMA Support, often signaling a possible continuation. Key support levels exist at 171.28, 168.97 & 166.63, with resistance at 175.93, 178.27 & 180.58. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of DLR: C
Today’s move could mean more—check all the signals for DLR on SwingTradeBot.
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