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Is VTGN setting up for a drop? Fell Below 50 Day Moving Average shows up after slipping 1.97%
VTGN closed down 1.97% on Friday, September 19th, with volume running 1.1× above average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 2.92, 2.85 & 2.8, with resistance at 3.04, 3.09 & 3.16. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of VTGN: D
Today’s move could mean more—check all the signals for VTGN on SwingTradeBot.
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