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Is PBI building bullish momentum? 50 Day Moving Average Support shows up after declining 3.36%
PBI posted a 3.36% loss on Friday, July 31st, accompanied by 1.1× normal trading volume. Mixed technical signals appeared with 50 DMA Support and Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.99, 16.44 & 15.93, with resistance at 18.04, 18.55 & 19.1.
Current SwingTradeBot Technical Rating of PBI: A
There’s more where that came from. See all of today’s signals for PBI here.
Read full article here »