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Fell Below 20 Day Moving Average appears for TGS after 3.43% move
On Tuesday, June 23rd, TGS moved down 3.43% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 30.04, 29.65 & 29.02, with resistance at 31.06, 31.69 & 32.08.
Current SwingTradeBot Technical Rating of TGS: C
There’s more where that came from. See all of today’s signals for TGS here.
Read full article here »