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Is AMBC building bearish momentum? Fell Below 20 Day Moving Average shows up after declining 1.57%
AMBC closed down 1.57% on Monday, September 15th, with volume running 0.4× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.66, 8.56 & 8.38, with resistance at 8.95, 9.13 & 9.23.
Current SwingTradeBot Technical Rating of AMBC: D
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