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Is EMPD building pressure? Narrow Range Bar shows up after rising 3.13%
EMPD closed up 3.13% on Tuesday, August 4th, with volume running 0.2× below average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 2.91, 2.86 & 2.8, with resistance at 3.03, 3.09 & 3.14. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EMPD: F
There’s more where that came from. See all of today’s signals for EMPD here.
Read full article here »