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VG forms Stochastic Sell Signal on July 16
On Thursday, July 16th, VG moved down 1.86% while volume shrunk to 0.5× the usual levels. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 12.46, 12.25 & 11.86, with resistance at 13.06, 13.46 & 13.67. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of VG: B
There’s more where that came from. See all of today’s signals for VG here.
Read full article here »