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Is KDP preparing for a move? NR7 shows up after a relatively flat session
On Friday, July 24th, KDP moved up 0.1% while volume was to 0.9× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and Narrow Range Bar) suggest a potential shift in market dynamics. Key support levels exist at 29.51, 29.32 & 29.11, with resistance at 29.92, 30.13 & 30.32. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of KDP: C
There’s more where that came from. See all of today’s signals for KDP here.
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