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Is GTE compressing before expansion? Bollinger Band Squeeze shows up after dropping 2.17%
On Monday, June 22nd, GTE moved down 2.17% while volume was to 1.2× the usual levels. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 7.07, 6.92 & 6.7, with resistance at 7.44, 7.66 & 7.81.
Current SwingTradeBot Technical Rating of GTE: C
Today’s move could mean more—check all the signals for GTE on SwingTradeBot.
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