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20 Day Moving Average Resistance appears for FMC after 3.89% move
On Friday, June 26th, FMC moved up 3.89% while volume increased to 1.8× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 11.39, 11.01 & 10.8, with resistance at 11.98, 12.19 & 12.57.
Current SwingTradeBot Technical Rating of FMC: F
This might just be the start. See what else showed up for FMC today.
Read full article here »