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Is CEVA heading for a slide? New Downtrend shows up after slipping 3.75%
On Friday, June 26th, CEVA moved down 3.75% while volume shrunk to 0.6× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and Narrow Range Bar) suggest a potential shift in market dynamics. Key support levels exist at 41.43, 40.62 & 39.73, with resistance at 43.13, 44.02 & 44.83.
Current SwingTradeBot Technical Rating of CEVA: C
There’s more where that came from. See all of today’s signals for CEVA here.
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