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Bearish Engulfing appears for DRIO after 5.33% move
DRIO posted a 5.33% loss on Friday, October 3rd, accompanied by 0.7× normal trading volume. The session formed a Bearish Engulfing, often signaling a possible continuation. Key support levels exist at 14.99, 13.64 & 12.26, with resistance at 17.72, 19.1 & 20.45. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of DRIO: C
This might just be the start. See what else showed up for DRIO today.
Read full article here »