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20 Day Moving Average Support appears for NBR after 1.65% move
NBR posted a 1.65% loss on Monday, August 3rd, accompanied by 0.2× normal trading volume. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 81.9, 79.53 & 78.3, with resistance at 85.5, 86.73 & 89.1.
Current SwingTradeBot Technical Rating of NBR: C
More technical signals and insights for NBR → Visit SwingTradeBot.com
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