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TMO forms NR7 on July 8
On Wednesday, July 8th, TMO moved down 1.26% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 507.1, 504.07 & 501.14, with resistance at 513.06, 515.99 & 519.02.
Current SwingTradeBot Technical Rating of TMO: C
Today’s move could mean more—check all the signals for TMO on SwingTradeBot.
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