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ABR makes New 52 Week Closing Low on June 17
ABR closed down 1.07% on Wednesday, June 17th, with volume running 2.2× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 5.0, 4.9 & 4.8, with resistance at 5.2, 5.29 & 5.4. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ABR: F
This might just be the start. See what else showed up for ABR today.
Read full article here »