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Is OFLX setting up for a drop? Fell Below 20 Day Moving Average shows up after dropping 3.68%
On Friday, September 19th, OFLX moved down 3.68% while volume increased to 1.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 33.12, 32.43 & 31.46, with resistance at 34.78, 35.75 & 36.44.
Current SwingTradeBot Technical Rating of OFLX: F
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