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Is AMBC positioned for a breakout? Crossed Above 20 Day Moving Average shows up after climbing 1.94%
AMBC posted a 1.94% gain on Wednesday, September 17th, accompanied by 0.5× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.8, 8.66 & 8.5, with resistance at 9.1, 9.26 & 9.4.
Current SwingTradeBot Technical Rating of AMBC: D
Today’s move could mean more—check all the signals for AMBC on SwingTradeBot.
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