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Upper Bollinger Band Walk appears for SMG after 3.08% move
SMG closed down 3.08% on Monday, June 22nd, with volume running 1.1× above average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 62.09, 61.48 & 60.43, with resistance at 63.75, 64.8 & 65.41.
Current SwingTradeBot Technical Rating of SMG: B
There’s more where that came from. See all of today’s signals for SMG here.
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