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PI forms 50 Day Moving Average Resistance on July 23
PI finished lower by 8.11% on Thursday, July 23rd, trading 1.7 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 121.72, 116.61 & 107.71, with resistance at 135.73, 144.63 & 149.74. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PI: D
Don’t miss other key signals PI triggered—view them now on SwingTradeBot.com.
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