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Is FLGT about to break its pattern? Bollinger Band Squeeze shows up after slipping 1.76%
FLGT closed down 1.76% on Wednesday, July 22nd, with volume running 0.7× below average. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 19.2, 18.86 & 18.52, with resistance at 19.87, 20.21 & 20.55. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of FLGT: D
There’s more where that came from. See all of today’s signals for FLGT here.
Read full article here »