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Is XMTR positioned for a breakout? Crossed Above 50 Day Moving Average shows up after rocketing 9.23%
On Thursday, August 27th, XMTR moved up 9.23% while volume shrunk to 0.1× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA, Expansion Pivot Buy Setup, MACD Bullish Signal Line Cross, Crossed Above 20 DMA & Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 90.86, 85.51 & 81.59, with resistance at 100.13, 104.05 & 109.4.
Current SwingTradeBot Technical Rating of XMTR: A
There’s more where that came from. See all of today’s signals for XMTR here.
Read full article here »