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Is WSBC coiling for a breakout? Bollinger Band Squeeze shows up after a relatively flat session
WSBC closed down 0.07% on Friday, August 21st, with volume running 0.0× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 40.51, 40.17 & 39.83, with resistance at 41.2, 41.54 & 41.88. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of WSBC: A
Today’s move could mean more—check all the signals for WSBC on SwingTradeBot.
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