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Is NOMD building bullish momentum? Slingshot Bullish shows up after sinking 1.15%
NOMD closed down 1.15% on Monday, June 15th, with volume running 0.9× below average. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 10.23, 10.13 & 9.97, with resistance at 10.48, 10.64 & 10.73. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of NOMD: C
Just a sneak peek — check SwingTradeBot.com for the full story on NOMD.
Read full article here »