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Is EIG building pressure? NR7 shows up after a relatively flat session
On Wednesday, August 5th, EIG moved up 0.06% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 50.4, 50.06 & 49.79, with resistance at 51.01, 51.28 & 51.62.
Current SwingTradeBot Technical Rating of EIG: A
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