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Fell Below 200 Day Moving Average appears for COTY after 1.8% move
COTY posted a 1.8% loss on Wednesday, July 29th, accompanied by 0.7× normal trading volume. Fell Below 200 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 2.65, 2.57 & 2.5, with resistance at 2.8, 2.87 & 2.95. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of COTY: B
Just a sneak peek — check SwingTradeBot.com for the full story on COTY.
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