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Is NU primed for downward momentum? New Downtrend shows up after declining 1.48%
NU finished lower by 1.48% on Tuesday, August 11th, trading 1.0 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 13.38, 13.11 & 12.86, with resistance at 13.91, 14.17 & 14.44. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of NU: D
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