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SMC Fell Below 20 Day Moving Average on September 19
SMC finished lower by 5.25% on Friday, September 19th, trading 3.0 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 21.28, 20.53 & 19.55, with resistance at 23.01, 23.99 & 24.74.
Current SwingTradeBot Technical Rating of SMC: F
Just a sneak peek — check SwingTradeBot.com for the full story on SMC.
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