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Is EBR positioned for a breakout? New 52 Week Closing High shows up after advancing 0.44%
On Tuesday, September 16th, EBR moved up 0.44% while volume was to 1.1× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 8.98, 8.9 & 8.85, with resistance at 9.11, 9.16 & 9.24. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EBR: A
There’s more where that came from. See all of today’s signals for EBR here.
Read full article here »