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ITUB Fell Below 20 Day Moving Average on July 24
On Friday, July 24th, ITUB moved down 0.84% while volume was to 0.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.24, 8.21 & 8.14, with resistance at 8.34, 8.41 & 8.44.
Current SwingTradeBot Technical Rating of ITUB: A
Today’s move could mean more—check all the signals for ITUB on SwingTradeBot.
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