Just noticed LOB (Live Oak Bancshares) broke below its 200 day moving average on Friday - price dropped to $33.65, sitting right under that $34.13 level. Stock was down about 5.3% on the day, which caught my attention.



Looking at the bigger picture, LOB's been trading between $22.73 and $42.89 over the past 52 weeks, so we're closer to the lower end of that range right now. When a stock crosses below the 200 day MA like this, it's usually worth paying attention to - could signal some momentum shift.

Not saying this is a buy or sell signal, just one of those technical levels traders watch. LOB's chart has been interesting to follow lately. Anyone else tracking this one?
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