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Is QXO preparing to trend higher? Crossed Above 20 Day Moving Average shows up after rallying 8.34%
Ticker: QXO
Sector: Technology
Industry: Software - Application
QXO posted a 8.34% gain on Friday, August 22nd, accompanied by 1.6× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 19.21, 18.04 & 17.32, with resistance at 21.1, 21.82 & 22.99.
Current SwingTradeBot Technical Rating of QXO: D
This might just be the start. See what else showed up for QXO today.
Read full article here »