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TM forms New Downtrend on July 8
TM closed down 1.27% on Wednesday, July 8th, with volume running 0.8× below average. Multiple bearish signals emerged — New Downtrend, Stochastic Reached Overbought & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 175.92, 174.69 & 173.89, with resistance at 177.96, 178.76 & 179.99. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of TM: D
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