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Is TGS heading for a slide? Fell Below 20 Day Moving Average shows up after sliding 4.57%
TGS posted a 4.57% loss on Thursday, July 16th, accompanied by 0.1× normal trading volume. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA, Fell Below 200 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 29.12, 28.41 & 27.15, with resistance at 31.09, 32.35 & 33.06.
Current SwingTradeBot Technical Rating of TGS: C
There’s more where that came from. See all of today’s signals for TGS here.
Read full article here »