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Is ELWS likely to continue lower? Fell Below 20 Day Moving Average shows up after crashing 8.7%
ELWS posted a 8.7% loss on Friday, September 19th, accompanied by 0.5× normal trading volume. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 2.16, 2.02 & 1.88, with resistance at 2.44, 2.58 & 2.72.
Current SwingTradeBot Technical Rating of ELWS: F
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