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Is HUT showing downside potential? Slingshot Bearish shows up after rallying 8.0%
HUT posted a 8.0% gain on Thursday, August 20th, accompanied by 1.0× normal trading volume. The session formed a Slingshot Bearish, often signaling a possible continuation. Key support levels exist at 83.89, 79.12 & 76.51, with resistance at 91.26, 93.87 & 98.64. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of HUT: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »