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Bearish Engulfing appears for DOUG after 4.5% move
DOUG posted a 4.5% loss on Friday, September 19th, accompanied by 1.3× normal trading volume. Multiple bearish signals emerged — Bearish Engulfing and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 2.91, 2.86 & 2.75, with resistance at 3.08, 3.19 & 3.24.
Current SwingTradeBot Technical Rating of DOUG: C
There’s more where that came from. See all of today’s signals for DOUG here.
Read full article here »