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Is OLN likely to continue lower? New 52 Week Closing Low shows up after slipping 1.48%
OLN finished lower by 1.48% on Thursday, August 27th, trading 0.1 times its typical volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 17.05, 16.85 & 16.68, with resistance at 17.42, 17.59 & 17.79. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of OLN: F
This might just be the start. See what else showed up for OLN today.
Read full article here »