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Stochastic Reached Oversold appears for WTI after 2.83% move
WTI posted a 2.83% loss on Thursday, October 30th, accompanied by 0.7× normal trading volume. Stochastic Reached Oversold — typically a warning sign for traders — developed during the session. Key support levels exist at 2.03, 1.99 & 1.94, with resistance at 2.11, 2.16 & 2.2. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of WTI: C
There’s more where that came from. See all of today’s signals for WTI here.
Read full article here »