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Is KGS gaining bearish strength? Directional Movement Crossover Bearish shows up after sliding 2.44%
On Thursday, July 16th, KGS moved down 2.44% while volume shrunk to 0.5× the usual levels. The session formed a Directional Movement Crossover Bearish, often signaling a possible continuation. Key support levels exist at 64.69, 63.43 & 61.96, with resistance at 67.41, 68.88 & 70.14. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of KGS: C
There’s more where that came from. See all of today’s signals for KGS here.
Read full article here »