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Is KTB likely to continue lower? Fell Below 50 Day Moving Average shows up after sliding 3.78%
KTB posted a 3.78% loss on Monday, August 17th, accompanied by 0.8× normal trading volume. Multiple bearish signals emerged — Fell Below 50 DMA and Fell Below 20 DMA — suggesting potential weakness ahead. Key support levels exist at 80.56, 79.43 & 77.6, with resistance at 83.52, 85.35 & 86.48.
Current SwingTradeBot Technical Rating of KTB: C
There’s more where that came from. See all of today’s signals for KTB here.
Read full article here »