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Is ERII ready to move higher? Directional Movement Crossover Bullish shows up after slipping 0.92%
ERII finished lower by 0.92% on Friday, July 17th, trading 0.7 times its typical volume. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and 180 Bearish Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 8.44, 8.26 & 7.99, with resistance at 8.88, 9.15 & 9.33.
Current SwingTradeBot Technical Rating of ERII: D
Just a sneak peek — check SwingTradeBot.com for the full story on ERII.
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