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Is TIMB preparing to trend lower? Fell Below 20 Day Moving Average shows up after sliding 4.43%
TIMB closed down 4.43% on Thursday, July 23rd, with volume running 0.6× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 20.81, 20.58 & 20.23, with resistance at 21.39, 21.74 & 21.97.
Current SwingTradeBot Technical Rating of TIMB: D
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