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Is PBI preparing to trend higher? Slingshot Bullish shows up after slipping 2.55%
On Wednesday, July 22nd, PBI moved down 2.55% while volume shrunk to 0.4× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 17.77, 17.54 & 17.17, with resistance at 18.36, 18.73 & 18.96. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of PBI: A
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