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PBT forms 1,2,3 Retracement Bearish on June 24
On Wednesday, June 24th, PBT moved down 2.93% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — 1,2,3 Retracement Bearish, Lower Bollinger Band Walk & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 24.21, 23.61 & 22.87, with resistance at 25.55, 26.29 & 26.89. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PBT: D
Don’t miss other key signals PBT triggered—view them now on SwingTradeBot.com.
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