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Is LEE preparing to trend lower? Slingshot Bearish shows up after climbing 4.22%
LEE closed up 4.22% on Wednesday, July 15th, with volume running 1.0× above average. Multiple bearish signals emerged — Lower Bollinger Band Walk and Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 7.79, 7.43 & 7.24, with resistance at 8.34, 8.54 & 8.9.
Current SwingTradeBot Technical Rating of LEE: D
There’s more where that came from. See all of today’s signals for LEE here.
Read full article here »