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Is PBI showing upside potential? New 52 Week Closing High shows up after advancing 3.54%
PBI finished higher by 3.54% on Friday, June 26th, trading 2.5 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 17.49, 16.85 & 16.54, with resistance at 18.44, 18.75 & 19.39.
Current SwingTradeBot Technical Rating of PBI: A
There’s more where that came from. See all of today’s signals for PBI here.
Read full article here »