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Is DAWN likely to continue lower? Fell Below 50 Day Moving Average shows up after tumbling 5.55%
DAWN posted a 5.55% loss on Friday, September 19th, accompanied by 1.3× normal trading volume. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 6.65, 6.5 & 6.19, with resistance at 7.11, 7.42 & 7.57. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of DAWN: F
Today’s move could mean more—check all the signals for DAWN on SwingTradeBot.
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