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50 Day Moving Average Support appears for EL after 1.15% move
EL finished lower by 1.15% on Friday, July 31st, trading 0.5 times its typical volume. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 83.11, 82.31 & 81.49, with resistance at 84.73, 85.55 & 86.35.
Current SwingTradeBot Technical Rating of EL: D
There’s more where that came from. See all of today’s signals for EL here.
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