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Is VEON likely to continue higher? Crossed Above 50 Day Moving Average shows up after rising 1.25%
VEON finished higher by 1.25% on Monday, August 3rd, trading 1.3 times its typical volume. Crossed Above 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 52.48, 51.84 & 51.08, with resistance at 53.88, 54.64 & 55.28.
Current SwingTradeBot Technical Rating of VEON: C
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