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Is WU building bearish momentum? Fell Below 50 Day Moving Average shows up after sinking 1.06%
WU finished lower by 1.06% on Friday, September 12th, trading 0.9 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.36, 8.31 & 8.25, with resistance at 8.47, 8.53 & 8.58. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of WU: F
There’s more where that came from. See all of today’s signals for WU here.
Read full article here »