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VMI forms 50 Day Moving Average Support on July 16
On Thursday, July 16th, VMI moved down 1.0% while volume shrunk to 0.1× the usual levels. 50 DMA Support was spotted, which could indicate a shift in momentum. Key support levels exist at 534.76, 530.6 & 525.1, with resistance at 544.42, 549.92 & 554.08.
Current SwingTradeBot Technical Rating of VMI: A
There’s more where that came from. See all of today’s signals for VMI here.
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