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Is THC positioned for a breakout? Upper Bollinger Band Walk shows up after sinking 1.9%
THC posted a 1.9% loss on Thursday, July 30th, accompanied by 0.7× normal trading volume. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 248.18, 243.63 & 239.73, with resistance at 256.64, 260.54 & 265.09. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of THC: A
This might just be the start. See what else showed up for THC today.
Read full article here »