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Crossed Above 20 Day Moving Average appears for ALV after 1.1% move
On Friday, July 10th, ALV moved up 1.1% while volume was to 0.8× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross suggesting upside potential, while 50 DMA Resistance and Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 119.65, 119.05 & 118.03, with resistance at 121.27, 122.29 & 122.89.
Current SwingTradeBot Technical Rating of ALV: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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