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Stochastic Buy Signal appears for PMI after 6.6% move
On Thursday, July 16th, PMI moved up 6.6% while volume shrunk to 0.6× the usual levels. Mixed technical signals appeared with Stochastic Buy Signal suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 0.15, 0.14 & 0.13, with resistance at 0.17, 0.18 & 0.19.
Current SwingTradeBot Technical Rating of PMI: F
What else did PMI do today? Find out on SwingTradeBot.
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