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Is EGY signaling a turnaround? Doji - Bearish? shows up after rising 1.69%
EGY posted a 1.69% gain on Thursday, August 20th, accompanied by 0.1× normal trading volume. The session formed a Doji - Bearish?, often signaling a possible continuation. Key support levels exist at 5.96, 5.88 & 5.81, with resistance at 6.11, 6.18 & 6.26. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of EGY: A
There’s more where that came from. See all of today’s signals for EGY here.
Read full article here »