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Is EL set to rally? MACD Bullish Centerline Cross shows up after advancing 0.89%
EL closed up 0.89% on Thursday, July 30th, with volume running 0.7× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 83.95, 83.03 & 82.18, with resistance at 85.72, 86.57 & 87.49. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of EL: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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