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ITUB forms Bollinger Band Squeeze on July 29
ITUB posted a 1.93% loss on Wednesday, July 29th, accompanied by 1.0× normal trading volume. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 8.1, 8.06 & 7.96, with resistance at 8.24, 8.34 & 8.38.
Current SwingTradeBot Technical Rating of ITUB: B
There’s more where that came from. See all of today’s signals for ITUB here.
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