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Is FRMI setting up for a drop? 180 Bearish Setup shows up after sliding 0.84%
On Friday, August 21st, FRMI moved down 0.84% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 5.84, 5.76 & 5.62, with resistance at 6.06, 6.2 & 6.28.
Current SwingTradeBot Technical Rating of FRMI: F
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