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Is VEON signaling a buying opportunity? 20 Day Moving Average Support shows up after gaining 2.98%
VEON closed up 2.98% on Wednesday, July 8th, with volume running 0.8× below average. Multiple bullish signals emerged — 20 DMA Support, Crossed Above 50 DMA, 200 DMA Support, Upper Bollinger Band Walk, MACD Bullish Centerline Cross & 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 52.15, 50.65 & 49.68, with resistance at 54.62, 55.59 & 57.09.
Current SwingTradeBot Technical Rating of VEON: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »