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Is MAKO heading for a slide? 20 Day Moving Average Resistance shows up after rising 3.11%
MAKO closed up 3.11% on Wednesday, July 22nd, with volume running 0.5× below average. Multiple bearish signals emerged — Shooting Star, 20 DMA Resistance, Shooting Star Candlestick & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 7.12, 6.95 & 6.72, with resistance at 7.51, 7.74 & 7.91.
Current SwingTradeBot Technical Rating of MAKO: D
This might just be the start. See what else showed up for MAKO today.
Read full article here »