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Is R ready to move lower? Expansion Breakdown shows up after slipping 3.32%
On Wednesday, August 19th, R moved down 3.32% while volume was to 0.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 246.57, 242.6 & 234.68, with resistance at 258.47, 266.39 & 270.36.
Current SwingTradeBot Technical Rating of R: C
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