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DBI forms 200 Day Moving Average Support on July 30
On Thursday, July 30th, DBI moved down 0.16% while volume shrunk to 0.4× the usual levels. The session formed a 200 DMA Support, often signaling a possible continuation. Key support levels exist at 6.07, 5.95 & 5.88, with resistance at 6.26, 6.33 & 6.45. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of DBI: C
There’s more where that came from. See all of today’s signals for DBI here.
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