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VMI forms Bollinger Band Squeeze on August 28
VMI finished lower by 0.88% on Friday, August 28th, trading 1.3 times its typical volume. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 469.86, 463.43 & 455.34, with resistance at 484.38, 492.47 & 498.9. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of VMI: C
There’s more where that came from. See all of today’s signals for VMI here.
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