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Is WEAV ready to move higher? 200 Day Moving Average Support shows up after plummeting 9.71%
WEAV closed down 9.71% on Wednesday, July 22nd, with volume running 1.4× above average. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while Fell Below 20 DMA and New Downtrend and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 5.83, 5.51 & 5.01, with resistance at 6.64, 7.14 & 7.46.
Current SwingTradeBot Technical Rating of WEAV: D
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