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Is LGIH poised for a decline? Fell Below 20 Day Moving Average shows up after dropping 4.19%
LGIH closed down 4.19% on Friday, July 17th, with volume running 0.8× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 56.93, 55.37 & 52.61, with resistance at 61.25, 64.01 & 65.57.
Current SwingTradeBot Technical Rating of LGIH: A
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