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Is BMI likely to continue higher? Slingshot Bullish shows up after sinking 1.48%
BMI closed down 1.48% on Monday, June 29th, with volume running 0.7× below average. Multiple bullish signals emerged — Upper Bollinger Band Walk and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 135.11, 131.56 & 128.11, with resistance at 142.11, 145.56 & 149.11. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of BMI: C
Just a sneak peek — check SwingTradeBot.com for the full story on BMI.
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