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OMC forms Upper Bollinger Band Walk on July 9
On Thursday, July 9th, OMC moved up 2.84% while volume shrunk to 0.6× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 78.14, 75.46 & 73.79, with resistance at 82.49, 84.16 & 86.84. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of OMC: B
There’s more where that came from. See all of today’s signals for OMC here.
Read full article here »