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ELMD makes New 52 Week Closing High on July 6
ELMD posted a 1.61% gain on Monday, July 6th, accompanied by 0.3× normal trading volume. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 45.45, 44.75 & 44.14, with resistance at 46.76, 47.37 & 48.07. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of ELMD: A
There’s more where that came from. See all of today’s signals for ELMD here.
Read full article here »