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20 Day Moving Average Support appears for ALGM after 1.56% move
ALGM closed down 1.56% on Friday, September 19th, with volume running 2.0× above average. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while 50 DMA Resistance and Bearish Engulfing and Expansion Pivot Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 30.74, 30.02 & 29.31, with resistance at 32.16, 32.87 & 33.59.
Current SwingTradeBot Technical Rating of ALGM: D
This might just be the start. See what else showed up for ALGM today.
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