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Is EQ setting up for a drop? Lower Bollinger Band Walk shows up after advancing 3.6%
EQ closed up 3.6% on Friday, July 17th, with volume running 0.5× below average. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 2.42, 2.26 & 2.16, with resistance at 2.69, 2.79 & 2.96. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of EQ: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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