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AKAN Fell Below 20 Day Moving Average on October 1
AKAN posted a 22.62% loss on Wednesday, October 1st, accompanied by 39.4× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Shooting Star, Fell Below 20 DMA, Fell Below 50 DMA, Fell Below 200 DMA, New 52 Week High, Wide Range Bar, Shooting Star Candlestick, Bearish Engulfing, Lizard Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 1.32, -0.72 & -4.71, with resistance at 7.35, 11.34 & 13.38.
Current SwingTradeBot Technical Rating of AKAN: F
Just a sneak peek — check SwingTradeBot.com for the full story on AKAN.
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