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EGHT forms Pocket Pivot on July 24
EGHT closed up 7.74% on Friday, July 24th, with volume running 2.3× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Pocket Pivot, often signaling a possible continuation. Key support levels exist at 1.65, 1.56 & 1.5, with resistance at 1.81, 1.87 & 1.96. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of EGHT: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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