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FFAI makes New 52 Week Closing Low on July 16
FFAI closed down 8.85% on Thursday, July 16th, with volume running 2.0× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 0.11, 0.1 & 0.09, with resistance at 0.13, 0.14 & 0.15. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of FFAI: F
This might just be the start. See what else showed up for FFAI today.
Read full article here »