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Is PONY preparing to trend higher? Pocket Pivot shows up after climbing 1.06%
PONY closed up 1.06% on Wednesday, July 29th, with volume running 1.1× above average. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 50 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 7.47, 7.29 & 7.01, with resistance at 7.93, 8.21 & 8.39. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of PONY: C
Today’s move could mean more—check all the signals for PONY on SwingTradeBot.
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