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New 52 Week Closing Low appears for PMI after 7.95% move
PMI posted a 7.95% loss on Tuesday, August 18th, accompanied by 0.1× normal trading volume. New 52 Week Closing Low — typically a warning sign for traders — developed during the session. Key support levels exist at 3.09, 2.94 & 2.64, with resistance at 3.54, 3.84 & 3.99. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PMI: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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