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BULL forms Slingshot Bearish on October 9
BULL posted a 0.95% loss on Thursday, October 9th, accompanied by 3.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Stochastic Reached Oversold, Slingshot Bearish & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 12.16, 11.79 & 11.24, with resistance at 13.08, 13.63 & 14.0. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BULL: F
This might just be the start. See what else showed up for BULL today.
Read full article here »