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Is FORM setting up for a drop? Stochastic Sell Signal shows up after slipping 0.41%
On Wednesday, September 17th, FORM moved down 0.41% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 31.15, 30.52 & 29.62, with resistance at 32.68, 33.58 & 34.21. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of FORM: D
This might just be the start. See what else showed up for FORM today.
Read full article here »