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Is FWRD set to rally? Crossed Above 200 Day Moving Average shows up after climbing 3.74%
FWRD closed up 3.74% on Thursday, August 13th, with volume running 0.5× below average. Multiple bullish signals emerged — Crossed Above 200 DMA and Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 19.77, 19.32 & 18.92, with resistance at 20.62, 21.02 & 21.47. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of FWRD: C
Just a sneak peek — check SwingTradeBot.com for the full story on FWRD.
Read full article here »