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Is SMG gaining bearish strength? 20 Day Moving Average Resistance shows up after dropping 3.55%
On Wednesday, October 29th, SMG moved down 3.55% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 53.27, 52.52 & 51.13, with resistance at 55.41, 56.8 & 57.55.
Current SwingTradeBot Technical Rating of SMG: F
More technical signals and insights for SMG → Visit SwingTradeBot.com
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