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Is NMIH ready to move lower? Fell Below 20 Day Moving Average shows up after sliding 1.64%
On Monday, September 15th, NMIH moved down 1.64% while volume was to 0.7× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 38.78, 38.53 & 38.08, with resistance at 39.48, 39.93 & 40.18.
Current SwingTradeBot Technical Rating of NMIH: C
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