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Is SITC primed for downward momentum? Fell Below 200 Day Moving Average shows up after dropping 0.8%
SITC finished lower by 0.8% on Wednesday, September 17th, trading 1.2 times its typical volume. Fell Below 200 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 8.57, 8.47 & 8.34, with resistance at 8.79, 8.92 & 9.02. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SITC: D
Don’t miss other key signals SITC triggered—view them now on SwingTradeBot.com.
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