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SPRU forms 20 Day Moving Average Resistance on August 13
SPRU finished lower by 13.68% on Thursday, August 13th, trading 5.9 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — 20 DMA Resistance, Wide Range Bar, Reversal New Lows Setup, Expansion Breakdown & MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 1.61, 1.4 & 1.11, with resistance at 2.11, 2.4 & 2.61.
Current SwingTradeBot Technical Rating of SPRU: F
Just a sneak peek — check SwingTradeBot.com for the full story on SPRU.
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