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Is PBF positioned for a breakout? Slingshot Bullish shows up after slipping 0.24%
PBF closed down 0.24% on Friday, July 10th, with volume running 0.6× below average. Multiple bullish signals emerged — New 52 Week High, Upper Bollinger Band Walk & Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 51.65, 50.13 & 48.55, with resistance at 54.75, 56.33 & 57.85. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of PBF: A
There’s more where that came from. See all of today’s signals for PBF here.
Read full article here »