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Is UDR setting up for a drop? Lower Bollinger Band Walk shows up after climbing 0.71%
UDR posted a 0.71% gain on Friday, August 7th, accompanied by 0.4× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 37.98, 37.54 & 37.23, with resistance at 38.72, 39.03 & 39.47.
Current SwingTradeBot Technical Rating of UDR: D
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