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Is PHAT showing downside potential? Lower Bollinger Band Walk shows up after tumbling 5.9%
PHAT finished lower by 5.9% on Tuesday, August 4th, trading 1.8 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 8.17, 7.89 & 7.46, with resistance at 8.88, 9.31 & 9.59. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PHAT: F
What else did PHAT do today? Find out on SwingTradeBot.
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