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Is SHIM showing downside potential? 20 Day Moving Average Resistance shows up after gaining 2.51%
SHIM closed up 2.51% on Thursday, June 18th, with volume running 0.1× below average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Narrow Range Bar and Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 3.58, 3.49 & 3.43, with resistance at 3.73, 3.79 & 3.88.
Current SwingTradeBot Technical Rating of SHIM: D
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