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Is POWI gaining bearish strength? Expansion Breakdown shows up after tumbling 10.46%
On Friday, July 24th, POWI moved down 10.46% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — Expansion Breakdown and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 60.96, 58.46 & 53.56, with resistance at 68.36, 73.26 & 75.76.
Current SwingTradeBot Technical Rating of POWI: C
More technical signals and insights for POWI → Visit SwingTradeBot.com
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