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Is BBT gaining bearish strength? Fell Below 50 Day Moving Average shows up after sinking 1.74%
On Monday, September 15th, BBT moved down 1.74% while volume was to 1.2× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 25.09, 24.83 & 24.33, with resistance at 25.85, 26.35 & 26.61. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of BBT: D
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