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New 52 Week Closing Low appears for FRVO after 19.13% move
FRVO closed down 19.13% on Wednesday, July 29th, with volume running 2.3× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low, Expansion Breakdown & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 15.5, 13.91 & 10.94, with resistance at 20.06, 23.03 & 24.62. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FRVO: F
There’s more where that came from. See all of today’s signals for FRVO here.
Read full article here »