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Stochastic Reached Overbought appears for HSBC after 0.17% move
HSBC closed down 0.17% on Thursday, October 30th, with volume running 1.5× above average. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 69.9, 69.43 & 69.07, with resistance at 70.74, 71.1 & 71.57. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of HSBC: C
Just a sneak peek — check SwingTradeBot.com for the full story on HSBC.
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