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Is STRS building bearish momentum? Lower Bollinger Band Walk shows up after slipping 2.25%
STRS finished lower by 2.25% on Tuesday, July 14th, trading 1.6 times its typical volume. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 20.14, 19.81 & 19.4, with resistance at 20.88, 21.29 & 21.62. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of STRS: D
There’s more where that came from. See all of today’s signals for STRS here.
Read full article here »