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Is ED signaling a buying opportunity? Bullish Engulfing shows up after rising 1.13%
ED posted a 1.13% gain on Tuesday, August 11th, accompanied by 0.8× normal trading volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 106.39, 105.28 & 104.65, with resistance at 108.13, 108.76 & 109.87. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of ED: C
There’s more where that came from. See all of today’s signals for ED here.
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