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Is ERIC signaling a buying opportunity? Crossed Above 200 Day Moving Average shows up after climbing 0.5%

Ericsson (ERIC) — Nightly Technical Analysis · Sep 17, 2025, 17:51 ET
On Wednesday, September 17th, ERIC moved up 0.5% while volume was to 1.0× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 7.94, 7.88 & 7.81, with resistance at 8.07, 8.14 & 8.2.

Current SwingTradeBot Technical Rating of ERIC: C

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Ericsson (ERIC)