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Is LCUT likely to continue higher? Crossed Above 20 Day Moving Average shows up after climbing 2.27%
LCUT posted a 2.27% gain on Monday, August 3rd, accompanied by 0.3× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 8.41, 8.27 & 8.08, with resistance at 8.74, 8.93 & 9.07.
Current SwingTradeBot Technical Rating of LCUT: B
There’s more where that came from. See all of today’s signals for LCUT here.
Read full article here »