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Is ET likely to continue higher? Slingshot Bullish shows up after dropping 2.59%
On Friday, August 7th, ET moved down 2.59% while volume was to 1.1× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 20.02, 19.9 & 19.69, with resistance at 20.34, 20.55 & 20.67.
Current SwingTradeBot Technical Rating of ET: A
Just a sneak peek — check SwingTradeBot.com for the full story on ET.
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