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Is SBR signaling selling opportunity? MACD Bearish Centerline Cross shows up after slipping 0.65%
SBR posted a 0.65% loss on Thursday, October 9th, accompanied by 1.1× normal trading volume. Multiple bearish signals emerged — Lower Bollinger Band Walk and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 69.69, 69.25 & 68.47, with resistance at 70.92, 71.7 & 72.14. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SBR: D
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