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Is VEON primed for upward momentum? Crossed Above 50 Day Moving Average shows up after rising 2.17%
VEON posted a 2.17% gain on Monday, July 6th, accompanied by 3.5× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 50 DMA and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 52.55, 51.97 & 51.5, with resistance at 53.61, 54.08 & 54.66.
Current SwingTradeBot Technical Rating of VEON: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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