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Is DIT positioned for a breakdown? New 52 Week Closing Low shows up after sliding 1.66%
DIT posted a 1.66% loss on Wednesday, July 29th, accompanied by 0.6× normal trading volume. Multiple bearish signals emerged — New 52 Week Closing Low, 1,2,3 Retracement Bearish, Non-ADX 1,2,3,4 Bearish & Jack-in-the-Box Bearish — suggesting potential weakness ahead. Key support levels exist at 61.44, 60.86 & 59.7, with resistance at 63.18, 64.34 & 64.92.
Current SwingTradeBot Technical Rating of DIT: F
This might just be the start. See what else showed up for DIT today.
Read full article here »