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WIX forms Doji - Bearish? on August 21
On Friday, August 21st, WIX moved down 0.25% while volume shrunk to 0.6× the usual levels. reversal patterns (Doji - Bearish?) combined with consolidation patterns (Calm After Storm) suggest a potential shift in market dynamics. Key support levels exist at 80.06, 77.94 & 75.88, with resistance at 84.24, 86.3 & 88.42. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of WIX: C
Just a sneak peek — check SwingTradeBot.com for the full story on WIX.
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