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Is EDRY ready to move lower? 50 Day Moving Average Resistance shows up after declining 1.32%
EDRY posted a 1.32% loss on Wednesday, July 1st, accompanied by 1.7× normal trading volume. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 20.88, 20.16 & 19.3, with resistance at 22.46, 23.32 & 24.04.
Current SwingTradeBot Technical Rating of EDRY: C
There’s more where that came from. See all of today’s signals for EDRY here.
Read full article here »