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Is PLAB coiling for a breakout? NR7 shows up after a relatively flat session
PLAB closed down 0.03% on Thursday, August 13th, with volume running 0.4× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 33.18, 32.88 & 32.48, with resistance at 33.88, 34.28 & 34.58. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of PLAB: C
More technical signals and insights for PLAB → Visit SwingTradeBot.com
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