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Is EDN ready to make a move? NR7 shows up after rising 3.05%
EDN posted a 3.05% gain on Tuesday, September 16th, accompanied by 1.2× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 16.84, 16.48 & 16.19, with resistance at 17.49, 17.78 & 18.14. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of EDN: F
Just a sneak peek — check SwingTradeBot.com for the full story on EDN.
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