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Is TECX building bullish momentum? MACD Bullish Centerline Cross shows up after surging 15.56%
On Wednesday, August 12th, TECX moved up 15.56% while volume was to 3.7× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, Stochastic Reached Overbought, MACD Bullish Centerline Cross, 180 Bullish Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 33.48, 30.13 & 28.37, with resistance at 38.59, 40.35 & 43.7. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of TECX: A
There’s more where that came from. See all of today’s signals for TECX here.
Read full article here »