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Is PLAB primed for downward momentum? 50 Day Moving Average Resistance shows up after a relatively flat session
PLAB closed down 0.03% on Friday, August 21st, with volume running 0.5× below average. The session formed a 50 DMA Resistance, often signaling a possible continuation. Key support levels exist at 30.01, 29.51 & 28.8, with resistance at 31.22, 31.93 & 32.43.
Current SwingTradeBot Technical Rating of PLAB: D
Today’s move could mean more—check all the signals for PLAB on SwingTradeBot.
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