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BAND forms NR7 on July 31
On Friday, July 31st, BAND moved up 0.8% while volume was to 0.8× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 38.02, 36.89 & 35.98, with resistance at 40.05, 40.96 & 42.08. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of BAND: C
Today’s move could mean more—check all the signals for BAND on SwingTradeBot.
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