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MOMO forms NR7 on July 16
On Thursday, July 16th, MOMO moved up 1.8% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 6.16, 6.11 & 6.08, with resistance at 6.24, 6.27 & 6.32. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of MOMO: D
There’s more where that came from. See all of today’s signals for MOMO here.
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