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Is DAO primed for upward momentum? Crossed Above 20 Day Moving Average shows up after soaring 8.96%
On Friday, August 21st, DAO moved up 8.96% while volume shrunk to 0.0× the usual levels. Multiple bullish signals emerged — Crossed Above 20 DMA and Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 17.28, 16.18 & 15.51, with resistance at 19.05, 19.72 & 20.82.
Current SwingTradeBot Technical Rating of DAO: A
There’s more where that came from. See all of today’s signals for DAO here.
Read full article here »