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GCMG forms 180 Bearish Setup on October 1
On Wednesday, October 1st, GCMG moved down 2.4% while volume was to 1.3× the usual levels. Multiple bearish signals emerged — Lower Bollinger Band Walk and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 11.69, 11.6 & 11.44, with resistance at 11.94, 12.1 & 12.19. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of GCMG: F
Just a sneak peek — check SwingTradeBot.com for the full story on GCMG.
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