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Is DEI likely to continue higher? 50 Day Moving Average Support shows up after dropping 0.91%
DEI posted a 0.91% loss on Tuesday, July 28th, accompanied by 0.7× normal trading volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while 20 DMA Resistance and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 11.84, 11.66 & 11.48, with resistance at 12.2, 12.38 & 12.56.
Current SwingTradeBot Technical Rating of DEI: B
There’s more where that came from. See all of today’s signals for DEI here.
Read full article here »