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Stochastic Reached Overbought appears for OBE after 2.2% move
OBE posted a 2.2% gain on Friday, August 14th, accompanied by 0.6× normal trading volume. Stochastic Reached Overbought — typically a warning sign for traders — developed during the session. Key support levels exist at 10.51, 10.36 & 10.2, with resistance at 10.82, 10.98 & 11.13. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of OBE: A
This might just be the start. See what else showed up for OBE today.
Read full article here »