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EL Fell Below 20 Day Moving Average on July 17
On Friday, July 17th, EL moved down 0.86% while volume was to 0.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 80.84, 79.56 & 78.19, with resistance at 83.49, 84.86 & 86.14.
Current SwingTradeBot Technical Rating of EL: D
Just a sneak peek — check SwingTradeBot.com for the full story on EL.
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