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Is VEON heading for a slide? 20 Day Moving Average Resistance shows up after sinking 1.25%
On Thursday, July 16th, VEON moved down 1.25% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 50.94, 50.29 & 49.28, with resistance at 52.61, 53.62 & 54.27.
Current SwingTradeBot Technical Rating of VEON: C
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