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Is FORR lining up for a decline? 200 Day Moving Average Resistance shows up after climbing 3.32%
FORR finished higher by 3.32% on Thursday, September 18th, trading 1.3 times its typical volume. Multiple bearish signals emerged — 200 DMA Resistance and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 10.9, 10.6 & 10.26, with resistance at 11.54, 11.88 & 12.18. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of FORR: D
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