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Is ROLR positioned for a breakout? Upper Bollinger Band Walk shows up after advancing 3.11%
On Friday, July 17th, ROLR moved up 3.11% while volume shrunk to 0.2× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 6.62, 6.28 & 6.11, with resistance at 7.13, 7.3 & 7.64. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ROLR: A
There’s more where that came from. See all of today’s signals for ROLR here.
Read full article here »