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Stochastic Sell Signal appears for FANG after 1.22% move
FANG posted a 1.22% gain on Thursday, July 23rd, accompanied by 0.7× normal trading volume. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 203.41, 201.34 & 198.09, with resistance at 208.73, 211.98 & 214.05. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of FANG: A
This might just be the start. See what else showed up for FANG today.
Read full article here »