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Is VEON poised for a decline? 20 Day Moving Average Resistance shows up after dropping 1.4%
VEON closed down 1.4% on Thursday, July 16th, with volume running 0.1× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 50.97, 50.42 & 49.42, with resistance at 52.52, 53.52 & 54.07.
Current SwingTradeBot Technical Rating of VEON: C
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