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Upper Bollinger Band Walk appears for NIU after 6.57% move
On Thursday, July 23rd, NIU moved down 6.57% while volume was to 0.9× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 2.49, 2.41 & 2.27, with resistance at 2.7, 2.84 & 2.92. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NIU: C
This might just be the start. See what else showed up for NIU today.
Read full article here »