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GPUS forms New Downtrend on August 28
GPUS closed down 7.77% on Friday, August 28th, with volume running 1.2× above average. Multiple bearish signals emerged — New 52 Week Low, New Downtrend, Lower Bollinger Band Walk & New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.28, 0.25 & 0.22, with resistance at 0.34, 0.37 & 0.39. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of GPUS: F
Today’s move could mean more—check all the signals for GPUS on SwingTradeBot.
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