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KREF forms Bearish Engulfing on August 14
KREF finished lower by 2.44% on Friday, August 14th, trading 0.1 times its typical volume. The session formed a Bearish Engulfing, often signaling a possible continuation. Key support levels exist at 7.5, 7.38 & 7.18, with resistance at 7.82, 8.02 & 8.14. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of KREF: B
Today’s move could mean more—check all the signals for KREF on SwingTradeBot.
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