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Is GEG ready to move higher? Stochastic Buy Signal shows up after climbing 1.4%
On Friday, July 17th, GEG moved up 1.4% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 2.16, 2.14 & 2.13, with resistance at 2.19, 2.2 & 2.22. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of GEG: D
There’s more where that came from. See all of today’s signals for GEG here.
Read full article here »