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Is PONY gaining bullish strength? Crossed Above 20 Day Moving Average shows up after rallying 7.17%
On Thursday, July 23rd, PONY moved up 7.17% while volume was to 1.3× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 6.96, 6.59 & 6.36, with resistance at 7.56, 7.79 & 8.16.
Current SwingTradeBot Technical Rating of PONY: D
There’s more where that came from. See all of today’s signals for PONY here.
Read full article here »