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Is ALGN lining up for a decline? Fell Below 50 Day Moving Average shows up after sinking 3.28%
On Thursday, August 6th, ALGN moved down 3.28% while volume was to 1.0× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 167.14, 165.2 & 161.72, with resistance at 172.56, 176.04 & 177.98.
Current SwingTradeBot Technical Rating of ALGN: C
There’s more where that came from. See all of today’s signals for ALGN here.
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