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Bearish Engulfing appears for EMX after 2.66% move
On Wednesday, September 24th, EMX moved down 2.66% while volume increased to 1.3× the usual levels. Bearish Engulfing — typically a warning sign for traders — developed during the session. Key support levels exist at 4.31, 4.23 & 4.11, with resistance at 4.51, 4.63 & 4.7. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of EMX: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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