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FPI forms 200 Day Moving Average Resistance on August 27
FPI closed down 1.16% on Thursday, August 27th, with volume running 0.1× below average. Multiple bearish signals emerged — 200 DMA Resistance and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 10.16, 10.07 & 9.95, with resistance at 10.37, 10.49 & 10.58. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of FPI: D
There’s more where that came from. See all of today’s signals for FPI here.
Read full article here »