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Is TNMG primed for downward momentum? New 52 Week Closing Low shows up after tumbling 15.1%
On Thursday, September 18th, TNMG moved down 15.1% while volume was to 4.0× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Closing Low and Stochastic Reached Oversold — suggesting potential weakness ahead. Key support levels exist at 0.25, 0.22 & 0.15, with resistance at 0.34, 0.4 & 0.43. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of TNMG: F
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