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Upper Bollinger Band Walk appears for XNET after 4.8% move
XNET finished lower by 4.8% on Friday, September 19th, trading 0.8 times its typical volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 7.53, 7.33 & 6.97, with resistance at 8.1, 8.46 & 8.66. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of XNET: C
Just a sneak peek — check SwingTradeBot.com for the full story on XNET.
Read full article here »