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Is EDN gaining bullish strength? Crossed Above 20 Day Moving Average shows up after advancing 1.75%
On Monday, July 20th, EDN moved up 1.75% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 24.52, 24.02 & 23.62, with resistance at 25.43, 25.83 & 26.33.
Current SwingTradeBot Technical Rating of EDN: D
See all signals and full analysis for EDN on SwingTradeBot.com →
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