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EGG forms 20 Day Moving Average Resistance on September 16
EGG posted a 4.18% loss on Tuesday, September 16th, accompanied by 0.2× normal trading volume. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance, Stochastic Reached Oversold, MACD Bearish Centerline Cross & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 5.35, 5.19 & 4.89, with resistance at 5.81, 6.11 & 6.27. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of EGG: F
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