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Is EME building pressure? NR7 shows up after gaining 0.93%
EME closed up 0.93% on Tuesday, August 11th, with volume running 0.7× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 809.27, 801.68 & 790.89, with resistance at 827.66, 838.45 & 846.04. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EME: B
There’s more where that came from. See all of today’s signals for EME here.
Read full article here »