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Is AU building bullish momentum? Slingshot Bullish shows up after sliding 1.65%
AU posted a 1.65% loss on Wednesday, September 17th, accompanied by 1.2× normal trading volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 63.53, 62.54 & 61.22, with resistance at 65.84, 67.16 & 68.15. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of AU: B
There’s more where that came from. See all of today’s signals for AU here.
Read full article here »