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Is DXC ready to move lower? Bearish Engulfing shows up after dropping 2.4%
On Monday, August 3rd, DXC moved down 2.4% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — Bearish Engulfing and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 10.63, 10.3 & 9.64, with resistance at 11.62, 12.28 & 12.61.
Current SwingTradeBot Technical Rating of DXC: C
Today’s move could mean more—check all the signals for DXC on SwingTradeBot.
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