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Is AB signaling a buying opportunity? Stochastic Reached Overbought shows up after rising 0.85%
AB finished higher by 0.85% on Tuesday, October 28th, trading 1.2 times its typical volume. Stochastic Reached Overbought — typically a warning sign for traders — developed during the session. Key support levels exist at 40.01, 39.63 & 39.24, with resistance at 40.78, 41.17 & 41.55. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of AB: B
This might just be the start. See what else showed up for AB today.
Read full article here »