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Is XRAY building bearish momentum? Lower Bollinger Band Walk shows up after advancing 1.45%
On Thursday, August 13th, XRAY moved up 1.45% while volume shrunk to 0.1× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 11.34, 11.11 & 10.94, with resistance at 11.74, 11.91 & 12.14. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of XRAY: C
Just a sneak peek — check SwingTradeBot.com for the full story on XRAY.
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