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Is EL positioned for a breakout? 50 Day Moving Average Support shows up after gaining 2.72%
EL closed up 2.72% on Tuesday, August 4th, with volume running 0.8× below average. Multiple bullish signals emerged — 50 DMA Support and 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 84.58, 82.18 & 80.98, with resistance at 88.18, 89.38 & 91.78.
Current SwingTradeBot Technical Rating of EL: D
Just a sneak peek — check SwingTradeBot.com for the full story on EL.
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