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Is SONM compressing before expansion? Bollinger Band Squeeze shows up after slipping 0.84%
On Wednesday, June 17th, SONM moved down 0.84% while volume shrunk to 0.4× the usual levels. Bollinger Band Squeeze was spotted, which could indicate a shift in momentum. Key support levels exist at 4.55, 4.41 & 4.11, with resistance at 4.99, 5.29 & 5.43.
Current SwingTradeBot Technical Rating of SONM: D
This might just be the start. See what else showed up for SONM today.
Read full article here »