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Is PMT building bearish momentum? MACD Bearish Centerline Cross shows up after declining 0.74%
PMT posted a 0.74% loss on Friday, September 19th, accompanied by 1.0× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 12.04, 11.97 & 11.88, with resistance at 12.19, 12.28 & 12.35. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of PMT: D
There’s more where that came from. See all of today’s signals for PMT here.
Read full article here »