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Pocket Pivot appears for WTI after 2.51% move
WTI posted a 2.51% gain on Friday, June 26th, accompanied by 1.3× normal trading volume. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 3.13, 2.99 & 2.92, with resistance at 3.34, 3.41 & 3.55. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of WTI: C
Just a sneak peek — check SwingTradeBot.com for the full story on WTI.
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