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Is ELDN gaining bearish strength? 20 Day Moving Average Resistance shows up after crashing 5.1%
ELDN closed down 5.1% on Wednesday, September 24th, with volume running 1.0× above average. Multiple bearish signals emerged — 20 DMA Resistance and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 2.36, 2.29 & 2.18, with resistance at 2.54, 2.65 & 2.72.
Current SwingTradeBot Technical Rating of ELDN: F
This might just be the start. See what else showed up for ELDN today.
Read full article here »