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Is ONB building bearish momentum? Lower Bollinger Band Walk shows up after a relatively flat session
ONB posted a 0.06% loss on Friday, August 21st, accompanied by 0.1× normal trading volume. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 25.62, 25.43 & 25.2, with resistance at 26.04, 26.27 & 26.46. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ONB: B
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