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Is NCTY poised for gains? 50 Day Moving Average Support shows up after rising 4.74%
On Wednesday, August 5th, NCTY moved up 4.74% while volume shrunk to 0.2× the usual levels. Multiple bullish signals emerged — 50 DMA Support and MACD Bullish Centerline Cross — suggesting potential strength ahead. Key support levels exist at 4.71, 4.44 & 4.31, with resistance at 5.11, 5.24 & 5.51. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NCTY: F
There’s more where that came from. See all of today’s signals for NCTY here.
Read full article here »