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Is TM coiling for a breakout? Narrow Range Bar shows up after slipping 1.47%
TM closed down 1.47% on Tuesday, June 23rd, with volume running 1.2× above average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 166.7, 166.16 & 165.61, with resistance at 167.79, 168.34 & 168.88. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of TM: F
Just a sneak peek — check SwingTradeBot.com for the full story on TM.
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