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Is TG signaling a buying opportunity? MACD Bullish Centerline Cross shows up after declining 1.72%
On Wednesday, September 17th, TG moved down 1.72% while volume was to 1.3× the usual levels. Mixed technical signals appeared with MACD Bullish Centerline Cross suggesting upside potential, while 50 DMA Resistance and Shooting Star Candlestick and Stochastic Sell Signal and Expansion Pivot Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 7.91, 7.8 & 7.6, with resistance at 8.22, 8.42 & 8.53. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of TG: D
There’s more where that came from. See all of today’s signals for TG here.
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