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ZYME forms Upper Bollinger Band Walk on September 20
ZYME closed down 1.46% on Friday, September 19th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 15.98, 15.71 & 15.38, with resistance at 16.58, 16.92 & 17.19. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of ZYME: C
There’s more where that came from. See all of today’s signals for ZYME here.
Read full article here »