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50 Day Moving Average Resistance appears for ECG after 1.89% move
On Friday, August 7th, ECG moved down 1.89% while volume shrunk to 0.7× the usual levels. The session formed a 50 DMA Resistance, often signaling a possible continuation. Key support levels exist at 134.23, 131.57 & 126.63, with resistance at 141.83, 146.77 & 149.43.
Current SwingTradeBot Technical Rating of ECG: B
Today’s move could mean more—check all the signals for ECG on SwingTradeBot.
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