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20 Day Moving Average Resistance appears for POWI after 1.04% move
POWI closed down 1.04% on Monday, August 17th, with volume running 0.6× below average. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 61.16, 60.21 & 58.47, with resistance at 63.85, 65.59 & 66.54.
Current SwingTradeBot Technical Rating of POWI: D
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