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Is LND heading for a slide? 20 Day Moving Average Resistance shows up after dropping 0.27%
On Wednesday, July 29th, LND moved down 0.27% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 3.63, 3.61 & 3.59, with resistance at 3.68, 3.7 & 3.72.
Current SwingTradeBot Technical Rating of LND: C
There’s more where that came from. See all of today’s signals for LND here.
Read full article here »