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Is FGI setting up for a drop? Fell Below 50 Day Moving Average shows up after crashing 14.41%
FGI closed down 14.41% on Friday, October 10th, with volume running 0.0× below average. Multiple bearish signals emerged — Fell Below 50 DMA, Stochastic Reached Oversold & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 4.55, 4.23 & 3.61, with resistance at 5.49, 6.11 & 6.43. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FGI: D
This might just be the start. See what else showed up for FGI today.
Read full article here »