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OABI forms 20 Day Moving Average Resistance on October 24
OABI closed up 1.88% on Friday, October 24th, with volume running 0.5× below average. Multiple bearish signals emerged — 20 DMA Resistance and 50 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 1.6, 1.56 & 1.53, with resistance at 1.67, 1.7 & 1.74. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of OABI: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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