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Is PGEN positioned for a breakdown? Fell Below 50 Day Moving Average shows up after sliding 2.72%
PGEN finished lower by 2.72% on Wednesday, October 8th, trading 0.5 times its typical volume. Multiple bearish signals emerged — Fell Below 50 DMA and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 3.14, 3.06 & 2.92, with resistance at 3.36, 3.5 & 3.58. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PGEN: D
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