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Is NCT gaining bullish strength? MACD Bullish Centerline Cross shows up after rocketing 8.5%
NCT closed up 8.5% on Friday, July 24th, with volume running 1.7× above average. Mixed technical signals appeared with MACD Bullish Centerline Cross and Directional Movement Crossover Bullish and Expansion Pivot Buy Setup and Pocket Pivot suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 2.96, 2.61 & 2.11, with resistance at 3.81, 4.31 & 4.66. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of NCT: D
There’s more where that came from. See all of today’s signals for NCT here.
Read full article here »