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Is FMC setting up for a drop? Stochastic Reached Oversold shows up after sinking 2.66%
FMC posted a 2.66% loss on Friday, September 19th, accompanied by 1.7× normal trading volume. The session formed a Stochastic Reached Oversold, often signaling a possible continuation. Key support levels exist at 35.83, 35.43 & 34.69, with resistance at 36.97, 37.71 & 38.11. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of FMC: F
There’s more where that came from. See all of today’s signals for FMC here.
Read full article here »