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Slingshot Bearish appears for LECO after 1.85% move
On Friday, July 10th, LECO moved up 1.85% while volume shrunk to 0.2× the usual levels. The session formed a Slingshot Bearish, often signaling a possible continuation. Key support levels exist at 247.93, 244.94 & 242.47, with resistance at 253.38, 255.85 & 258.84. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of LECO: D
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