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Is BMI preparing for a move? NR7 shows up after a relatively flat session
On Friday, June 26th, BMI moved down 0.01% while volume was to 1.2× the usual levels. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 139.45, 138.01 & 136.59, with resistance at 142.3, 143.72 & 145.15. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of BMI: C
What else did BMI do today? Find out on SwingTradeBot.
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