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Is TMQ consolidating before a move? Bollinger Band Squeeze shows up after gaining 2.33%
TMQ closed up 2.33% on Wednesday, August 5th, with volume running 0.2× below average. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 3.42, 3.32 & 3.24, with resistance at 3.59, 3.67 & 3.77. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of TMQ: F
This might just be the start. See what else showed up for TMQ today.
Read full article here »