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Crossed Above 50 Day Moving Average appears for SMC after 4.94% move
SMC finished higher by 4.94% on Tuesday, September 16th, trading 0.8 times its typical volume. Multiple bullish signals emerged — Crossed Above 50 DMA and 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 22.91, 22.05 & 21.59, with resistance at 24.23, 24.68 & 25.54. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SMC: D
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