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Is PDC signaling selling opportunity? 20 Day Moving Average Resistance shows up after tumbling 8.99%
PDC posted a 8.99% loss on Friday, July 31st, accompanied by 0.2× normal trading volume. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 3.12, 2.91 & 2.47, with resistance at 3.77, 4.21 & 4.42.
Current SwingTradeBot Technical Rating of PDC: F
This might just be the start. See what else showed up for PDC today.
Read full article here »