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Is SHIM likely to continue higher? Crossed Above 20 Day Moving Average shows up after rising 3.83%
On Monday, June 22nd, SHIM moved up 3.83% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.58, 3.36 & 3.24, with resistance at 3.92, 4.04 & 4.26.
Current SwingTradeBot Technical Rating of SHIM: D
Today’s move could mean more—check all the signals for SHIM on SwingTradeBot.
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