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MITT forms Slingshot Bearish on August 11
MITT closed up 6.41% on Tuesday, August 11th, with volume running 3.0× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Lower Bollinger Band Walk and Slingshot Bearish — suggesting potential weakness ahead. Key support levels exist at 6.43, 6.14 & 5.94, with resistance at 6.92, 7.12 & 7.41.
Current SwingTradeBot Technical Rating of MITT: F
This might just be the start. See what else showed up for MITT today.
Read full article here »