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Is DAO primed for upward momentum? New 52 Week Closing High shows up after advancing 3.42%
On Friday, August 7th, DAO moved up 3.42% while volume shrunk to 0.3× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 17.74, 17.35 & 17.07, with resistance at 18.41, 18.69 & 19.08. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of DAO: A
Just a sneak peek — check SwingTradeBot.com for the full story on DAO.
Read full article here »