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TMO forms Upper Bollinger Band Walk on June 29
On Monday, June 29th, TMO moved down 1.29% while volume shrunk to 0.7× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 501.35, 496.28 & 491.12, with resistance at 511.58, 516.74 & 521.81. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of TMO: B
What else did TMO do today? Find out on SwingTradeBot.
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