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20 Day Moving Average Resistance appears for VIAV after 3.2% move
VIAV closed down 3.2% on Thursday, June 18th, with volume running 6.5× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 45.3, 43.44 & 40.14, with resistance at 50.46, 53.76 & 55.62.
Current SwingTradeBot Technical Rating of VIAV: A
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