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Is LNZA positioned for a breakout? Crossed Above 20 Day Moving Average shows up after soaring 28.79%
LNZA posted a 28.79% gain on Monday, September 22nd, accompanied by 5.5× normal trading volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 20 DMA and Directional Movement Crossover Bullish and Pocket Pivot suggesting upside potential, while Slingshot Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.89, 11.28 & 5.08, with resistance at 28.7, 34.9 & 40.51.
Current SwingTradeBot Technical Rating of LNZA: F
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