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EGO forms 50 Day Moving Average Support on July 28
EGO finished lower by 0.92% on Tuesday, July 28th, trading 0.8 times its typical volume. Multiple bullish signals emerged — 50 DMA Support, Stochastic Reached Overbought & MACD Bullish Centerline Cross — suggesting potential strength ahead. Key support levels exist at 31.4, 30.56 & 30.14, with resistance at 32.66, 33.08 & 33.92. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of EGO: D
There’s more where that came from. See all of today’s signals for EGO here.
Read full article here »