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Is OTEX lining up for a decline? 20 Day Moving Average Resistance shows up after gaining 1.41%
On Wednesday, August 19th, OTEX moved up 1.41% while volume was to 0.9× the usual levels. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 24.25, 23.99 & 23.7, with resistance at 24.81, 25.1 & 25.36.
Current SwingTradeBot Technical Rating of OTEX: D
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