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LTRX Crossed Above 50 Day Moving Average on August 12
On Wednesday, August 12th, LTRX moved up 4.4% while volume shrunk to 0.6× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA, Crossed Above 200 DMA, Stochastic Reached Overbought & Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 5.98, 5.79 & 5.65, with resistance at 6.3, 6.44 & 6.63. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of LTRX: C
This might just be the start. See what else showed up for LTRX today.
Read full article here »