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Is USPH positioned for a breakout? Upper Bollinger Band Walk shows up after slipping 1.54%
On Monday, August 3rd, USPH moved down 1.54% while volume shrunk to 0.4× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 76.24, 74.64 & 71.64, with resistance at 80.83, 83.83 & 85.43. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of USPH: B
There’s more where that came from. See all of today’s signals for USPH here.
Read full article here »