DXC Bollinger Rejection Bounce Short

DXC Technology CompanyNYSE

Description

⋅ Mar 3, 2021 10:49 PM

DXC has been trading in a tight consolidated range between 25 and 26.5. It is now at the top of the range with a weak overall market currently. I believe this will get rejected off the bollinger band and go to the bottom of the range around 24.5.

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