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NGS forms 200 Day Moving Average Support on August 5
On Wednesday, August 5th, NGS moved down 1.21% while volume shrunk to 0.1× the usual levels. Mixed technical signals appeared with 200 DMA Support suggesting upside potential, while Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 36.13, 35.49 & 34.81, with resistance at 37.45, 38.13 & 38.77.
Current SwingTradeBot Technical Rating of NGS: D
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