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Is DGII building bearish momentum? Lower Bollinger Band Walk shows up after gaining 0.11%
DGII finished higher by 0.11% on Friday, July 17th, trading 0.8 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 60.98, 58.03 & 56.21, with resistance at 65.75, 67.57 & 70.52. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of DGII: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »