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Is PBI building bullish momentum? MACD Bullish Signal Line Cross shows up after climbing 1.17%
PBI posted a 1.17% gain on Friday, October 17th, accompanied by 0.8× normal trading volume. Mixed technical signals appeared with MACD Bullish Signal Line Cross and Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 11.15, 11.02 & 10.92, with resistance at 11.37, 11.47 & 11.59.
Current SwingTradeBot Technical Rating of PBI: D
There’s more where that came from. See all of today’s signals for PBI here.
Read full article here »