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Is E gaining bearish strength? New Downtrend shows up after declining 3.08%
On Wednesday, June 24th, E moved down 3.08% while volume was to 3.8× the usual levels. The unusually high volume suggests institutional participation in today's move. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Narrow Range Bar) suggest a potential shift in market dynamics. Key support levels exist at 46.98, 46.73 & 46.5, with resistance at 47.46, 47.69 & 47.94.
Current SwingTradeBot Technical Rating of E: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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