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oerboom
Mar 22, 2021 9:27 PM

EAF at key support levels 

GrafTech International Ltd.NYSE

Description

Stop-losses in place for me, but potentially a good buy opportunity (according to mean regression). Strong support at 11.45, and also from the 6-month moving support. Finally the MA50 is also just under today's candle, so we can wait for confirmation in the next days. Not quite oversold according to the traditional measures, but sell-off is apparent from the volume. Will the support trifecta hold?
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