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Is EC consolidating before a move? Bollinger Band Squeeze shows up after sinking 3.56%
EC finished lower by 3.56% on Friday, August 7th, trading 0.6 times its typical volume. The session formed a Bollinger Band Squeeze, often signaling a possible continuation. Key support levels exist at 16.41, 16.03 & 15.56, with resistance at 17.25, 17.72 & 18.1.
Current SwingTradeBot Technical Rating of EC: A
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