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Is WEX gaining bearish strength? New Downtrend shows up after sinking 3.73%
On Friday, October 31st, WEX moved down 3.73% while volume increased to 1.6× the usual levels. Multiple bearish signals emerged — New Downtrend and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 141.95, 138.02 & 133.85, with resistance at 150.05, 154.22 & 158.15.
Current SwingTradeBot Technical Rating of WEX: F
There’s more where that came from. See all of today’s signals for WEX here.
Read full article here »