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IMAX forms New Downtrend on June 29
IMAX closed down 1.41% on Monday, June 29th, with volume running 0.8× below average. Multiple bearish signals emerged — New Downtrend and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 39.6, 38.72 & 37.82, with resistance at 41.38, 42.28 & 43.16.
Current SwingTradeBot Technical Rating of IMAX: B
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