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Is FSS primed for downward momentum? 50 Day Moving Average Resistance shows up after sliding 0.95%
FSS finished lower by 0.95% on Thursday, August 27th, trading 0.6 times its typical volume. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 118.53, 116.68 & 114.6, with resistance at 122.46, 124.54 & 126.39. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of FSS: C
There’s more where that came from. See all of today’s signals for FSS here.
Read full article here »