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Is ASIC ready to move lower? 50 Day Moving Average Resistance shows up after sinking 2.43%
ASIC finished lower by 2.43% on Monday, September 15th, trading 0.8 times its typical volume. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 20.05, 19.61 & 18.9, with resistance at 21.2, 21.91 & 22.35. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ASIC: D
Just a sneak peek — check SwingTradeBot.com for the full story on ASIC.
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