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MODG forms Bearish Engulfing on October 27
On Monday, October 27th, MODG moved down 0.5% while volume was to 0.8× the usual levels. Bearish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 9.9, 9.77 & 9.62, with resistance at 10.17, 10.32 & 10.45. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of MODG: C
This might just be the start. See what else showed up for MODG today.
Read full article here »