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180 Bearish Setup appears for STM after 3.82% move
On Friday, August 28th, STM moved down 3.82% while volume was to 0.7× the usual levels. The session formed a 180 Bearish Setup, often signaling a possible continuation. Key support levels exist at 48.71, 48.04 & 46.91, with resistance at 50.5, 51.63 & 52.3. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of STM: C
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