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Lower Bollinger Band Walk appears for FOA after 1.8% move
FOA posted a 1.8% loss on Friday, August 28th, accompanied by 1.4× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 17.66, 17.3 & 16.75, with resistance at 18.58, 19.13 & 19.49. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of FOA: F
This might just be the start. See what else showed up for FOA today.
Read full article here »