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Is VMI ready to move lower? 180 Bearish Setup shows up after dropping 3.83%
VMI finished lower by 3.83% on Tuesday, August 18th, trading 0.7 times its typical volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 482.73, 478.11 & 469.23, with resistance at 496.23, 505.11 & 509.73.
Current SwingTradeBot Technical Rating of VMI: D
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