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EW forms Stochastic Reached Oversold on September 11
On Thursday, September 11th, EW moved down 0.34% while volume was to 1.2× the usual levels. Stochastic Reached Oversold — typically a warning sign for traders — developed during the session. Key support levels exist at 77.27, 76.52 & 75.9, with resistance at 78.63, 79.25 & 80.0. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of EW: D
Today’s move could mean more—check all the signals for EW on SwingTradeBot.
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