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Is LMB primed for downward momentum? 200 Day Moving Average Resistance shows up after dropping 2.38%
LMB posted a 2.38% loss on Monday, September 15th, accompanied by 1.2× normal trading volume. The session formed a 200 DMA Resistance, often signaling a possible continuation. Key support levels exist at 100.84, 98.28 & 94.75, with resistance at 106.93, 110.46 & 113.02. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of LMB: F
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