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Is TCI lining up for a decline? Fell Below 20 Day Moving Average shows up after crashing 8.27%
On Friday, August 28th, TCI moved down 8.27% while volume was to 10.2× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 34.95, 33.77 & 31.39, with resistance at 38.51, 40.89 & 42.07.
Current SwingTradeBot Technical Rating of TCI: F
More technical signals and insights for TCI → Visit SwingTradeBot.com
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