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Is FOSL preparing to trend higher? Bullish Engulfing shows up after advancing 4.59%
FOSL finished higher by 4.59% on Wednesday, November 5th, trading 0.3 times its typical volume. Bullish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 1.97, 1.88 & 1.82, with resistance at 2.11, 2.17 & 2.26. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of FOSL: D
Today’s move could mean more—check all the signals for FOSL on SwingTradeBot.
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