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DJCO forms 50 Day Moving Average Resistance on August 10
DJCO closed down 0.6% on Monday, August 10th, with volume running 2.3× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 544.28, 527.26 & 510.36, with resistance at 578.19, 595.09 & 612.11.
Current SwingTradeBot Technical Rating of DJCO: C
This might just be the start. See what else showed up for DJCO today.
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