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Is GMED ready to move lower? Fell Below 20 Day Moving Average shows up after declining 4.83%
GMED closed down 4.83% on Friday, July 17th, with volume running 1.1× above average. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 75.26, 73.51 & 70.77, with resistance at 79.74, 82.48 & 84.23.
Current SwingTradeBot Technical Rating of GMED: D
There’s more where that came from. See all of today’s signals for GMED here.
Read full article here »