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Lower Bollinger Band Walk appears for PXED after 0.77% move
On Friday, August 14th, PXED moved down 0.77% while volume was to 0.8× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 26.65, 26.1 & 25.63, with resistance at 27.67, 28.14 & 28.69. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PXED: F
There’s more where that came from. See all of today’s signals for PXED here.
Read full article here »