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PEG forms Directional Movement Crossover Bullish on July 28
PEG closed down 0.33% on Tuesday, July 28th, with volume running 1.4× above average. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and 200 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 78.28, 77.61 & 76.42, with resistance at 80.14, 81.33 & 82.0.
Current SwingTradeBot Technical Rating of PEG: D
Today’s move could mean more—check all the signals for PEG on SwingTradeBot.
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