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Is EDN set to breakout? NR7 shows up after rising 0.5%
EDN finished higher by 0.5% on Friday, August 21st, trading 0.0 times its typical volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 22.04, 21.85 & 21.52, with resistance at 22.56, 22.89 & 23.08. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EDN: F
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