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Is GSL showing downside potential? Lower Bollinger Band Walk shows up after dropping 2.34%
On Tuesday, October 7th, GSL moved down 2.34% while volume was to 1.1× the usual levels. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 28.88, 28.54 & 27.99, with resistance at 29.78, 30.33 & 30.67. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of GSL: D
Just a sneak peek — check SwingTradeBot.com for the full story on GSL.
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