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Is BAK showing downside potential? Fell Below 50 Day Moving Average shows up after sliding 2.78%
BAK posted a 2.78% loss on Friday, September 19th, accompanied by 1.1× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.11, 3.07 & 3.0, with resistance at 3.22, 3.29 & 3.33. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of BAK: F
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