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VEON forms 200 Day Moving Average Support on July 7
VEON posted a 2.11% loss on Tuesday, July 7th, accompanied by 1.7× normal trading volume. Mixed technical signals appeared with 200 DMA Support and Directional Movement Crossover Bullish suggesting upside potential, while Fell Below 50 DMA and Bearish Engulfing and Expansion Pivot Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 50.9, 49.79 & 47.82, with resistance at 53.98, 55.95 & 57.06.
Current SwingTradeBot Technical Rating of VEON: D
What else did VEON do today? Find out on SwingTradeBot.
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