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Is POWL likely to continue higher? Crossed Above 200 Day Moving Average shows up after soaring 12.29%
On Thursday, July 30th, POWL moved up 12.29% while volume was to 1.2× the usual levels. Mixed technical signals appeared with Crossed Above 200 DMA suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 199.36, 189.41 & 183.79, with resistance at 214.92, 220.53 & 230.48. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of POWL: D
Just a sneak peek — check SwingTradeBot.com for the full story on POWL.
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