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Fell Below 50 Day Moving Average appears for LION after 2.44% move
LION posted a 2.44% loss on Thursday, July 16th, accompanied by 0.5× normal trading volume. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 13.38, 13.13 & 12.81, with resistance at 13.94, 14.26 & 14.51. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of LION: C
There’s more where that came from. See all of today’s signals for LION here.
Read full article here »