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Is TCBI getting ready to pop? Bollinger Band Squeeze shows up after slipping 0.18%
TCBI closed down 0.18% on Friday, June 26th, with volume running 2.4× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 102.55, 101.7 & 100.69, with resistance at 104.42, 105.43 & 106.28. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of TCBI: A
This might just be the start. See what else showed up for TCBI today.
Read full article here »