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Is KNX setting up for a drop? Slingshot Bearish shows up after sinking 1.75%
On Thursday, July 30th, KNX moved down 1.75% while volume increased to 1.4× the usual levels. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 67.84, 65.89 & 64.05, with resistance at 71.63, 73.47 & 75.42. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of KNX: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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