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Is ECO set to rally? Slingshot Bullish shows up after sliding 1.92%
On Tuesday, September 16th, ECO moved down 1.92% while volume surged to 2.7× the usual levels. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Bearish Engulfing indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 29.62, 29.08 & 28.39, with resistance at 30.85, 31.54 & 32.08. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of ECO: C
Just a sneak peek — check SwingTradeBot.com for the full story on ECO.
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