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ASM forms 20 Day Moving Average Support on July 1
On Wednesday, July 1st, ASM moved up 0.32% while volume shrunk to 0.6× the usual levels. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while 50 DMA Resistance and 200 DMA Resistance and Shooting Star Candlestick and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.16, 5.95 & 5.66, with resistance at 6.66, 6.95 & 7.16.
Current SwingTradeBot Technical Rating of ASM: D
This might just be the start. See what else showed up for ASM today.
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