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GAP forms 50 Day Moving Average Resistance on July 17
GAP closed down 0.76% on Friday, July 17th, with volume running 0.3× below average. Multiple bearish signals emerged — 50 DMA Resistance, Bearish Engulfing & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 19.86, 19.37 & 18.68, with resistance at 21.04, 21.73 & 22.22.
Current SwingTradeBot Technical Rating of GAP: D
There’s more where that came from. See all of today’s signals for GAP here.
Read full article here »