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Is NEGG showing downside potential? 20 Day Moving Average Resistance shows up after crashing 7.67%
NEGG posted a 7.67% loss on Wednesday, July 29th, accompanied by 0.8× normal trading volume. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 12.51, 12.02 & 11.03, with resistance at 13.98, 14.97 & 15.46.
Current SwingTradeBot Technical Rating of NEGG: F
Just a sneak peek — check SwingTradeBot.com for the full story on NEGG.
Read full article here »