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Is TNET set to rally? Upper Bollinger Band Walk shows up after rising 3.8%
TNET finished higher by 3.8% on Thursday, July 2nd, trading 0.3 times its typical volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 53.85, 52.49 & 51.75, with resistance at 55.95, 56.69 & 58.05. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of TNET: B
Today’s move could mean more—check all the signals for TNET on SwingTradeBot.
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