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VMC forms Upper Bollinger Band Walk on June 22
On Monday, June 22nd, VMC moved up 0.51% while volume shrunk to 0.6× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 299.63, 294.87 & 291.17, with resistance at 308.09, 311.79 & 316.55. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of VMC: B
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