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Calm After Storm appears for NBIX after 2.25% move
On Friday, August 7th, NBIX moved up 2.25% while volume was to 0.8× the usual levels. Calm After Storm was spotted, which could indicate a shift in momentum. Key support levels exist at 160.47, 157.54 & 155.39, with resistance at 165.55, 167.7 & 170.63. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of NBIX: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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