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New 52 Week Closing High appears for EBR after 1.55% move
EBR posted a 1.55% gain on Wednesday, September 17th, accompanied by 2.2× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 9.09, 8.97 & 8.86, with resistance at 9.31, 9.42 & 9.54. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of EBR: B
See all signals and full analysis for EBR on SwingTradeBot.com →
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