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Is FELE setting up for a drop? Fell Below 200 Day Moving Average shows up after declining 2.3%
FELE closed down 2.3% on Friday, September 12th, with volume running 0.6× below average. Multiple bearish signals emerged — Fell Below 200 DMA and Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 93.95, 93.28 & 92.0, with resistance at 95.9, 97.18 & 97.85.
Current SwingTradeBot Technical Rating of FELE: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »