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ETR forms Lower Bollinger Band Walk on August 4
ETR closed up 0.73% on Tuesday, August 4th, with volume running 0.7× below average. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 107.22, 105.6 & 104.52, with resistance at 109.93, 111.01 & 112.63. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ETR: C
Today’s move could mean more—check all the signals for ETR on SwingTradeBot.
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