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Is PLBC preparing to trend lower? Fell Below 20 Day Moving Average shows up after dropping 4.01%
PLBC finished lower by 4.01% on Friday, September 19th, trading 6.6 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA and Fell Below 200 DMA — suggesting potential weakness ahead. Key support levels exist at 42.58, 41.84 & 40.4, with resistance at 44.76, 46.2 & 46.94.
Current SwingTradeBot Technical Rating of PLBC: D
This might just be the start. See what else showed up for PLBC today.
Read full article here »