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Directional Movement Crossover Bearish appears for LITE after 7.38% move
LITE closed down 7.38% on Tuesday, June 23rd, with volume running 0.7× below average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 808.28, 788.64 & 764.48, with resistance at 852.08, 876.24 & 895.88.
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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