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Is FIGS poised for a decline? Expansion Breakdown shows up after tumbling 6.91%
On Thursday, July 23rd, FIGS moved down 6.91% while volume shrunk to 0.3× the usual levels. Expansion Breakdown — typically a warning sign for traders — developed during the session. Key support levels exist at 9.01, 8.78 & 8.39, with resistance at 9.63, 10.02 & 10.25.
Current SwingTradeBot Technical Rating of FIGS: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »