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Is LZM primed for downward momentum? New 52 Week Closing Low shows up after sinking 2.76%
On Friday, July 17th, LZM moved down 2.76% while volume was to 1.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 3.1, 3.02 & 2.96, with resistance at 3.23, 3.29 & 3.37. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of LZM: F
There’s more where that came from. See all of today’s signals for LZM here.
Read full article here »