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Is PGY signaling a buying opportunity? Upper Bollinger Band Walk shows up after dropping 1.74%
On Thursday, August 6th, PGY moved down 1.74% while volume shrunk to 0.6× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 20.85, 20.27 & 19.75, with resistance at 21.95, 22.47 & 23.05. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PGY: B
There’s more where that came from. See all of today’s signals for PGY here.
Read full article here »