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SMA forms Expansion Breakout on July 16
On Thursday, July 16th, SMA moved up 5.64% while volume was to 3.4× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 33.74, 32.48 & 31.74, with resistance at 35.74, 36.48 & 37.74.
Current SwingTradeBot Technical Rating of SMA: A
What else did SMA do today? Find out on SwingTradeBot.
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