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VGNT forms 50 Day Moving Average Resistance on July 30
On Thursday, July 30th, VGNT moved down 2.63% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance, Stochastic Sell Signal & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 40.94, 39.98 & 38.68, with resistance at 43.2, 44.5 & 45.46.
Current SwingTradeBot Technical Rating of VGNT: C
This might just be the start. See what else showed up for VGNT today.
Read full article here »