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Is NTGR signaling a buying opportunity? Crossed Above 20 Day Moving Average shows up after surging 5.32%
NTGR closed up 5.32% on Friday, July 31st, with volume running 1.2× above average. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 23.2, 22.24 & 21.72, with resistance at 24.68, 25.19 & 26.15.
Current SwingTradeBot Technical Rating of NTGR: D
There’s more where that came from. See all of today’s signals for NTGR here.
Read full article here »