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Is WAB showing upside potential? Stochastic Reached Overbought shows up after sliding 1.17%
WAB closed down 1.17% on Tuesday, October 28th, with volume running 0.8× below average. Stochastic Reached Overbought — typically a warning sign for traders — developed during the session. Key support levels exist at 196.6, 195.2 & 192.55, with resistance at 200.64, 203.29 & 204.69. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of WAB: B
There’s more where that came from. See all of today’s signals for WAB here.
Read full article here »