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Is ACRE showing downside potential? Fell Below 200 Day Moving Average shows up after sinking 2.01%
ACRE closed down 2.01% on Monday, August 17th, with volume running 0.8× below average. Fell Below 200 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 4.57, 4.52 & 4.42, with resistance at 4.72, 4.82 & 4.87.
Current SwingTradeBot Technical Rating of ACRE: D
There’s more where that came from. See all of today’s signals for ACRE here.
Read full article here »