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Is GO gaining bullish strength? Slingshot Bullish shows up after slipping 4.18%
GO finished lower by 4.18% on Thursday, August 27th, trading 1.3 times its typical volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 11.33, 10.97 & 10.58, with resistance at 12.08, 12.47 & 12.83. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of GO: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »