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Fell Below 50 Day Moving Average appears for ABEV after 1.11% move
On Wednesday, June 24th, ABEV moved down 1.11% while volume was to 0.9× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.11, 3.1 & 3.07, with resistance at 3.15, 3.18 & 3.19.
Current SwingTradeBot Technical Rating of ABEV: A
Just a sneak peek — check SwingTradeBot.com for the full story on ABEV.
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