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EDBL forms 1,2,3 Pullback Bullish on August 3
EDBL posted a 3.0% loss on Monday, August 3rd, accompanied by 13.3× normal trading volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with 1,2,3 Pullback Bullish suggesting upside potential, while New 52 Week Closing Low and Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.91, 1.57 & 0.93, with resistance at 2.89, 3.53 & 3.87. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of EDBL: F
There’s more where that came from. See all of today’s signals for EDBL here.
Read full article here »