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Is OTAI preparing for a move? Narrow Range Bar shows up after a relatively flat session
OTAI finished higher by 0.1% on Tuesday, July 21st, trading 0.1 times its typical volume. consolidation patterns formed: Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 9.92, 9.91 & 9.89, with resistance at 9.95, 9.97 & 9.98. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of OTAI: D
There’s more where that came from. See all of today’s signals for OTAI here.
Read full article here »