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Is ERO primed for downward momentum? Slingshot Bearish shows up after rallying 5.08%
On Thursday, July 9th, ERO moved up 5.08% while volume shrunk to 0.7× the usual levels. Slingshot Bearish was spotted, which could indicate a shift in momentum. Key support levels exist at 24.28, 23.51 & 22.99, with resistance at 25.57, 26.1 & 26.87. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ERO: D
This might just be the start. See what else showed up for ERO today.
Read full article here »