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EMBJ forms New Uptrend on August 5
EMBJ closed up 3.2% on Wednesday, August 5th, with volume running 1.1× above average. Multiple bullish signals emerged — New Uptrend and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 71.92, 71.06 & 70.4, with resistance at 73.44, 74.1 & 74.96. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of EMBJ: A
There’s more where that came from. See all of today’s signals for EMBJ here.
Read full article here »