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Is FBK building bearish momentum? Stochastic Reached Oversold shows up after gaining 0.12%
On Friday, October 17th, FBK moved up 0.12% while volume was to 1.1× the usual levels. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 51.47, 50.83 & 49.96, with resistance at 52.98, 53.85 & 54.49. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FBK: C
There’s more where that came from. See all of today’s signals for FBK here.
Read full article here »