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Slingshot Bullish appears for UG after 1.8% move
On Friday, July 24th, UG moved down 1.8% while volume surged to 2.0× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 7.43, 7.23 & 6.93, with resistance at 7.93, 8.23 & 8.43.
Current SwingTradeBot Technical Rating of UG: B
There’s more where that came from. See all of today’s signals for UG here.
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