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50 Day Moving Average Resistance appears for OIO after 3.05% move
OIO closed up 3.05% on Wednesday, July 29th, with volume running 1.1× above average. Multiple bearish signals emerged — 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 1.94, 1.85 & 1.77, with resistance at 2.11, 2.19 & 2.28.
Current SwingTradeBot Technical Rating of OIO: F
This might just be the start. See what else showed up for OIO today.
Read full article here »