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Is FBK ready to move lower? Fell Below 20 Day Moving Average shows up after plummeting 8.46%
FBK posted a 8.46% loss on Thursday, October 16th, accompanied by 1.7× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Wide Range Bar, New Downtrend, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 50.37, 48.68 & 45.47, with resistance at 55.27, 58.48 & 60.17.
Current SwingTradeBot Technical Rating of FBK: C
More technical signals and insights for FBK → Visit SwingTradeBot.com
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