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ITUB forms 180 Bullish Setup on July 6
On Monday, July 6th, ITUB moved up 2.09% while volume was to 0.8× the usual levels. 180 Bullish Setup — typically a warning sign for traders — developed during the session. Key support levels exist at 8.17, 8.04 & 7.97, with resistance at 8.36, 8.43 & 8.56. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ITUB: A
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