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NEXN Crossed Above 20 Day Moving Average on June 26
On Friday, June 26th, NEXN moved up 2.0% while volume was to 4.5× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.34, 8.03 & 7.82, with resistance at 8.86, 9.07 & 9.38.
Current SwingTradeBot Technical Rating of NEXN: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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