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ELE Crossed Above 200 Day Moving Average on August 5
ELE posted a 7.16% gain on Wednesday, August 5th, accompanied by 0.8× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 17.32, 16.83 & 16.5, with resistance at 18.15, 18.48 & 18.97. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ELE: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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