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Is TG gaining bearish strength? 50 Day Moving Average Resistance shows up after rising 2.0%
On Thursday, September 18th, TG moved up 2.0% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 8.03, 7.9 & 7.78, with resistance at 8.28, 8.4 & 8.53.
Current SwingTradeBot Technical Rating of TG: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »