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NGL Crossed Above 50 Day Moving Average on August 5
NGL finished higher by 7.26% on Wednesday, August 5th, trading 2.2 times its typical volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 50 DMA and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while Gilligan's Island Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.1, 15.2 & 14.25, with resistance at 17.95, 18.9 & 19.8.
Current SwingTradeBot Technical Rating of NGL: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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