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Is MYFW gaining bearish strength? Directional Movement Crossover Bearish shows up after sinking 1.96%
On Monday, September 15th, MYFW moved down 1.96% while volume shrunk to 0.3× the usual levels. Directional Movement Crossover Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 22.82, 22.61 & 22.24, with resistance at 23.41, 23.78 & 23.99. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MYFW: C
This might just be the start. See what else showed up for MYFW today.
Read full article here »