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ECG forms 200 Day Moving Average Support on July 28
ECG finished lower by 8.17% on Tuesday, July 28th, trading 1.3 times its typical volume. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while New Downtrend indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 113.58, 110.03 & 104.93, with resistance at 122.23, 127.33 & 130.88. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ECG: D
There’s more where that came from. See all of today’s signals for ECG here.
Read full article here »