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Is OFLX heading for a slide? Lower Bollinger Band Walk shows up after slipping 0.63%
On Thursday, August 20th, OFLX moved down 0.63% while volume was to 0.9× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 27.35, 26.95 & 26.49, with resistance at 28.21, 28.67 & 29.07. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of OFLX: F
Just a sneak peek — check SwingTradeBot.com for the full story on OFLX.
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