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Is ETR primed for downward momentum? Fell Below 20 Day Moving Average shows up after declining 1.42%
ETR closed down 1.42% on Friday, July 17th, with volume running 1.6× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 111.88, 110.53 & 108.07, with resistance at 115.7, 118.16 & 119.51.
Current SwingTradeBot Technical Rating of ETR: A
There’s more where that came from. See all of today’s signals for ETR here.
Read full article here »