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GPMT forms Bollinger Band Squeeze on July 29
On Wednesday, July 29th, GPMT moved up 0.76% while volume shrunk to 0.3× the usual levels. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 1.31, 1.28 & 1.26, with resistance at 1.36, 1.38 & 1.41. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of GPMT: F
Today’s move could mean more—check all the signals for GPMT on SwingTradeBot.
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