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Is ZEUS primed for downward momentum? Lower Bollinger Band Walk shows up after advancing 0.56%
On Wednesday, October 1st, ZEUS moved up 0.56% while volume was to 0.8× the usual levels. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 30.2, 29.77 & 29.51, with resistance at 30.89, 31.15 & 31.58. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ZEUS: F
Today’s move could mean more—check all the signals for ZEUS on SwingTradeBot.
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