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20 Day Moving Average Resistance appears for ULBI after 5.57% move
ULBI posted a 5.57% loss on Friday, October 17th, accompanied by 1.6× normal trading volume. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance, Fell Below 200 DMA, MACD Bearish Signal Line Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 6.28, 6.12 & 5.81, with resistance at 6.74, 7.05 & 7.21.
Current SwingTradeBot Technical Rating of ULBI: F
This might just be the start. See what else showed up for ULBI today.
Read full article here »