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Is SHIM preparing to trend higher? Crossed Above 20 Day Moving Average shows up after advancing 3.98%
SHIM finished higher by 3.98% on Monday, July 13th, trading 0.4 times its typical volume. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 3.75, 3.58 & 3.47, with resistance at 4.03, 4.13 & 4.3.
Current SwingTradeBot Technical Rating of SHIM: D
There’s more where that came from. See all of today’s signals for SHIM here.
Read full article here »