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Is SEI lining up for a decline? Fell Below 20 Day Moving Average shows up after crashing 8.75%
SEI posted a 8.75% loss on Wednesday, July 1st, accompanied by 1.0× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, MACD Bearish Signal Line Cross, 180 Bearish Setup & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 70.8, 68.18 & 63.56, with resistance at 78.04, 82.66 & 85.28.
Current SwingTradeBot Technical Rating of SEI: A
This might just be the start. See what else showed up for SEI today.
Read full article here »