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Is TREX setting up for a drop? 50 Day Moving Average Resistance shows up after sliding 1.3%
TREX finished lower by 1.3% on Friday, July 31st, trading 0.9 times its typical volume. 50 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 42.52, 41.68 & 40.65, with resistance at 44.39, 45.42 & 46.26.
Current SwingTradeBot Technical Rating of TREX: C
See all signals and full analysis for TREX on SwingTradeBot.com →
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