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Is QFIN setting up for a drop? Fell Below 20 Day Moving Average shows up after sinking 3.1%
QFIN closed down 3.1% on Wednesday, August 5th, with volume running 0.5× below average. The session formed a Fell Below 20 DMA, often signaling a possible continuation. Key support levels exist at 12.97, 12.81 & 12.49, with resistance at 13.45, 13.77 & 13.93.
Current SwingTradeBot Technical Rating of QFIN: F
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