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SEDG Fell Below 20 Day Moving Average on July 16
SEDG closed down 4.01% on Thursday, July 16th, with volume running 0.5× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 50.6, 48.81 & 46.82, with resistance at 54.38, 56.37 & 58.16.
Current SwingTradeBot Technical Rating of SEDG: C
There’s more where that came from. See all of today’s signals for SEDG here.
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