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Is PESI coiling for a breakout? Bollinger Band Squeeze shows up after tumbling 6.06%
PESI posted a 6.06% loss on Friday, August 28th, accompanied by 0.4× normal trading volume. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 17.62, 17.1 & 16.17, with resistance at 19.07, 20.0 & 20.52.
Current SwingTradeBot Technical Rating of PESI: A
This might just be the start. See what else showed up for PESI today.
Read full article here »