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ELE forms 20 Day Moving Average Support on August 3
ELE posted a 2.49% gain on Monday, August 3rd, accompanied by 0.4× normal trading volume. consolidation patterns formed: NR7 and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 15.69, 15.33 & 15.13, with resistance at 16.25, 16.45 & 16.81.
Current SwingTradeBot Technical Rating of ELE: D
There’s more where that came from. See all of today’s signals for ELE here.
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