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Fell Below 50 Day Moving Average appears for SBR after 2.83% move
On Tuesday, October 7th, SBR moved down 2.83% while volume increased to 1.6× the usual levels. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 71.0, 69.85 & 68.14, with resistance at 73.86, 75.57 & 76.72. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SBR: D
Traders are watching SBR for a reason. See the full signal list.
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