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Is PPL positioned for a breakdown? Fell Below 50 Day Moving Average shows up after slipping 1.33%
PPL closed down 1.33% on Tuesday, September 16th, with volume running 0.8× below average. Multiple bearish signals emerged — Fell Below 50 DMA, MACD Bearish Centerline Cross & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 35.31, 35.13 & 34.78, with resistance at 35.84, 36.19 & 36.37.
Current SwingTradeBot Technical Rating of PPL: D
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