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Is AGX setting up for a drop? 180 Bearish Setup shows up after crashing 5.78%
On Wednesday, July 29th, AGX moved down 5.78% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Stochastic Reached Oversold and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 479.52, 466.57 & 444.64, with resistance at 514.4, 536.33 & 549.28. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of AGX: C
There’s more where that came from. See all of today’s signals for AGX here.
Read full article here »