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Is PEW setting up for a drop? 50 Day Moving Average Resistance shows up after slipping 0.79%
PEW closed down 0.79% on Thursday, August 20th, with volume running 0.3× below average. Multiple bearish signals emerged — 50 DMA Resistance, 20 DMA Resistance & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 2.45, 2.4 & 2.34, with resistance at 2.56, 2.62 & 2.67.
Current SwingTradeBot Technical Rating of PEW: F
Just a sneak peek — check SwingTradeBot.com for the full story on PEW.
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