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Is EQ likely to continue lower? Lower Bollinger Band Walk shows up after gaining 4.0%
EQ posted a 4.0% gain on Friday, July 17th, accompanied by 0.1× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 2.46, 2.32 & 2.24, with resistance at 2.68, 2.76 & 2.9. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of EQ: B
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