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Lower Bollinger Band Walk appears for SYY after 1.86% move
On Monday, November 3rd, SYY moved down 1.86% while volume was to 1.2× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 72.36, 71.83 & 71.03, with resistance at 73.69, 74.49 & 75.02. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SYY: D
Just a sneak peek — check SwingTradeBot.com for the full story on SYY.
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