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Is TACO poised for a decline? Shooting Star Candlestick shows up after a relatively flat session
On Monday, September 15th, TACO moved down 0.1% while volume shrunk to 0.2× the usual levels. Multiple bearish signals emerged — Shooting Star and Shooting Star Candlestick — suggesting potential weakness ahead. Key support levels exist at 10.2, 10.19 & 10.15, with resistance at 10.25, 10.29 & 10.3. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of TACO: F
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