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Is SEB positioned for a breakdown? Shooting Star Candlestick shows up after climbing 1.8%
SEB posted a 1.8% gain on Wednesday, July 8th, accompanied by 0.8× normal trading volume. Multiple bearish signals emerged — Shooting Star and Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 4473.28, 4415.55 & 4341.21, with resistance at 4605.34, 4679.68 & 4737.4.
Current SwingTradeBot Technical Rating of SEB: D
There’s more where that came from. See all of today’s signals for SEB here.
Read full article here »