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Fell Below 50 Day Moving Average appears for EIX after 1.11% move
EIX closed down 1.11% on Thursday, August 27th, with volume running 1.0× above average. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 72.84, 72.01 & 71.36, with resistance at 74.33, 74.98 & 75.81. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of EIX: C
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