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TDC forms New Downtrend on July 24
On Friday, July 24th, TDC moved up 3.03% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — New Downtrend and Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 27.85, 27.18 & 26.66, with resistance at 29.05, 29.57 & 30.24. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of TDC: D
There’s more where that came from. See all of today’s signals for TDC here.
Read full article here »