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PEB forms Bearish Engulfing on September 20
PEB posted a 2.05% loss on Friday, September 19th, accompanied by 1.7× normal trading volume. Multiple bearish signals emerged — Bearish Engulfing and Stochastic Reached Overbought — suggesting potential weakness ahead. Key support levels exist at 11.76, 11.56 & 11.27, with resistance at 12.26, 12.55 & 12.75. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PEB: C
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