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ELP forms Stochastic Sell Signal on September 19
ELP closed down 0.31% on Thursday, September 18th, with volume running 0.5× below average. Multiple bearish signals emerged — New 52 Week High, Stochastic Sell Signal & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 9.65, 9.61 & 9.54, with resistance at 9.77, 9.84 & 9.88. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of ELP: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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