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Bearish Engulfing appears for WBI after 2.4% move
On Friday, July 10th, WBI moved down 2.4% while volume shrunk to 0.5× the usual levels. The session formed a Bearish Engulfing, often signaling a possible continuation. Key support levels exist at 33.18, 32.66 & 31.96, with resistance at 34.4, 35.1 & 35.62. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of WBI: A
More technical signals and insights for WBI → Visit SwingTradeBot.com
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