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Is PMI primed for downward momentum? New 52 Week Closing Low shows up after plummeting 16.18%
On Tuesday, August 4th, PMI moved down 16.18% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 4.08, 3.85 & 3.44, with resistance at 4.71, 5.12 & 5.35. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of PMI: F
See all signals and full analysis for PMI on SwingTradeBot.com →
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