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Is PROP primed for upward momentum? Stochastic Buy Signal shows up after dropping 0.51%
On Friday, July 31st, PROP moved down 0.51% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 0.7, 0.68 & 0.67, with resistance at 0.73, 0.74 & 0.76. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of PROP: F
There’s more where that came from. See all of today’s signals for PROP here.
Read full article here »