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Is ALKT positioned for a breakdown? 50 Day Moving Average Resistance shows up after sliding 1.45%
ALKT finished lower by 1.45% on Wednesday, September 10th, trading 1.2 times its typical volume. Multiple bearish signals emerged — 50 DMA Resistance and Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 24.71, 24.23 & 23.61, with resistance at 25.81, 26.43 & 26.91. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ALKT: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »