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Is NMIH compressing before expansion? Bollinger Band Squeeze shows up after sinking 1.64%
NMIH closed down 1.64% on Friday, September 12th, with volume running 0.6× below average. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 39.49, 39.29 & 38.97, with resistance at 40.01, 40.33 & 40.53.
Current SwingTradeBot Technical Rating of NMIH: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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