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Lower Bollinger Band Walk appears for MSBI after 2.51% move
MSBI posted a 2.51% loss on Friday, October 10th, accompanied by 1.5× normal trading volume. Lower Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 15.68, 15.47 & 15.06, with resistance at 16.3, 16.71 & 16.92. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of MSBI: F
There’s more where that came from. See all of today’s signals for MSBI here.
Read full article here »