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Sideways movement on July 23 results in no shift to GGB’s technical outlook
GGB posted no change on Thursday, July 23rd, with volume running at 1.2× normal levels. Key support levels exist at 4.73, 4.69 & 4.64, with resistance at 4.81, 4.86 & 4.9. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of GGB: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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