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Shooting Star Candlestick appears for ERII after 0.63% move
On Friday, October 3rd, ERII moved down 0.63% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — Shooting Star, Shooting Star Candlestick, Lizard Bearish & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 15.59, 15.4 & 15.06, with resistance at 16.12, 16.46 & 16.65. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of ERII: C
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