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Hot IPO Pullback appears for VELO after 1.27% move
VELO closed up 1.27% on Wednesday, September 17th, with volume running 0.2× below average. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 3.06, 2.94 & 2.82, with resistance at 3.3, 3.42 & 3.54. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of VELO: F
Don’t miss other key signals VELO triggered—view them now on SwingTradeBot.com.
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