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Is TCBI primed for upward momentum? Slingshot Bullish shows up after sinking 2.62%
TCBI closed down 2.62% on Wednesday, July 8th, with volume running 1.3× above average. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and Stochastic Sell Signal and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 100.29, 99.1 & 97.6, with resistance at 102.98, 104.48 & 105.67.
Current SwingTradeBot Technical Rating of TCBI: A
There’s more where that came from. See all of today’s signals for TCBI here.
Read full article here »