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Is ARES preparing to trend lower? Fell Below 20 Day Moving Average shows up after slipping 2.66%
On Monday, June 22nd, ARES moved down 2.66% while volume shrunk to 0.7× the usual levels. Fell Below 20 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 123.41, 120.92 & 117.08, with resistance at 129.73, 133.57 & 136.06.
Current SwingTradeBot Technical Rating of ARES: D
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