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Is GBX showing downside potential? New Downtrend shows up after rising 0.68%
GBX finished higher by 0.68% on Thursday, August 20th, trading 0.6 times its typical volume. New Downtrend — typically a warning sign for traders — developed during the session. Key support levels exist at 45.23, 44.64 & 44.28, with resistance at 46.17, 46.53 & 47.12. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of GBX: D
There’s more where that came from. See all of today’s signals for GBX here.
Read full article here »