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LITE forms Directional Movement Crossover Bearish on June 23
LITE closed down 7.44% on Tuesday, June 23rd, with volume running 1.3× above average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 807.95, 788.48 & 764.15, with resistance at 851.75, 876.08 & 895.55.
Current SwingTradeBot Technical Rating of LITE: C
Today’s move could mean more—check all the signals for LITE on SwingTradeBot.
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