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Is LMAT coiling for a breakout? Narrow Range Bar shows up after dropping 0.56%
LMAT finished lower by 0.56% on Friday, August 21st, trading 1.0 times its typical volume. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 81.4, 80.94 & 80.2, with resistance at 82.6, 83.34 & 83.8. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of LMAT: F
Today’s move could mean more—check all the signals for LMAT on SwingTradeBot.
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