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Is ARW building bearish momentum? MACD Bearish Centerline Cross shows up after tumbling 5.79%
On Thursday, July 2nd, ARW moved down 5.79% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — Lower Bollinger Band Walk, MACD Bearish Centerline Cross & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 192.54, 187.6 & 179.56, with resistance at 205.52, 213.56 & 218.5. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ARW: C
What else did ARW do today? Find out on SwingTradeBot.
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