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Is TX set to rally? Upper Bollinger Band Walk shows up after dropping 3.35%

SwingTradeBot Nightly Stock Scan: Ternium S.A. (TX) — Technical Patterns & Alerts · Aug 6, 2026, 17:53 ET
TX closed down 3.35% on Thursday, August 6th, with volume running 2.2× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 51.25, 50.58 & 49.36, with resistance at 53.14, 54.36 & 55.03. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of TX: A

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Ternium S.A. (TX)