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Is PAR poised for a decline? New 52 Week Closing Low shows up after slipping 1.84%
PAR posted a 1.84% loss on Monday, September 15th, accompanied by 1.4× normal trading volume. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Lower Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 42.53, 41.85 & 40.84, with resistance at 44.23, 45.24 & 45.92. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of PAR: F
There’s more where that came from. See all of today’s signals for PAR here.
Read full article here »