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Is PBA ready to move lower? Bearish Engulfing shows up after slipping 0.87%
On Friday, August 21st, PBA moved down 0.87% while volume increased to 1.6× the usual levels. Multiple bearish signals emerged — Bearish Engulfing and Fell Below 20 DMA — suggesting potential weakness ahead. Key support levels exist at 48.38, 48.01 & 47.38, with resistance at 49.38, 50.01 & 50.38.
Current SwingTradeBot Technical Rating of PBA: C
More technical signals and insights for PBA → Visit SwingTradeBot.com
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