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ARW forms MACD Bearish Centerline Cross on July 2
ARW closed down 5.77% on Thursday, July 2nd, with volume running 0.3× below average. Multiple bearish signals emerged — Lower Bollinger Band Walk and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 193.42, 189.31 & 182.72, with resistance at 204.11, 210.7 & 214.81. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ARW: B
There’s more where that came from. See all of today’s signals for ARW here.
Read full article here »