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50 Day Moving Average Support appears for ABEV after 1.88% move
ABEV posted a 1.88% loss on Wednesday, June 17th, accompanied by 1.2× normal trading volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 3.08, 3.03 & 2.92, with resistance at 3.24, 3.35 & 3.4.
Current SwingTradeBot Technical Rating of ABEV: C
There’s more where that came from. See all of today’s signals for ABEV here.
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