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FUFU forms Pocket Pivot on August 12
FUFU finished higher by 0.78% on Wednesday, August 12th, trading 2.0 times its typical volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 20 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.24, 1.18 & 1.08, with resistance at 1.41, 1.51 & 1.57. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of FUFU: F
There’s more where that came from. See all of today’s signals for FUFU here.
Read full article here »