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Is NIPG building bullish momentum? Crossed Above 20 Day Moving Average shows up after rocketing 58.9%
On Tuesday, July 21st, NIPG moved up 58.9% while volume was to 15.3× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA, Wide Range Bar, New Uptrend, MACD Bullish Signal Line Cross, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 5.69, 3.87 & 2.97, with resistance at 8.41, 9.31 & 11.13.
Current SwingTradeBot Technical Rating of NIPG: F
This might just be the start. See what else showed up for NIPG today.
Read full article here »