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Is VEON positioned for a breakout? 200 Day Moving Average Support shows up after sliding 2.04%
On Thursday, July 23rd, VEON moved down 2.04% while volume shrunk to 0.2× the usual levels. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while Fell Below 20 DMA and Fell Below 50 DMA and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 51.43, 50.77 & 49.99, with resistance at 52.87, 53.65 & 54.31.
Current SwingTradeBot Technical Rating of VEON: C
Don’t miss other key signals VEON triggered—view them now on SwingTradeBot.com.
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