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HUBB makes New 52 Week Closing High on October 29
HUBB closed up 3.78% on Wednesday, October 29th, with volume running 2.4× above average. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 461.5, 450.44 & 441.91, with resistance at 481.09, 489.62 & 500.68. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of HUBB: A
There’s more where that came from. See all of today’s signals for HUBB here.
Read full article here »