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FirstEnergy Corp (FE) “On a long-term technical basis, the stock (FE) is trading below its 200-day moving average which generally implies it is in a negative trend.
The stock has support at 22.81 and 18.33. If the stock breaks down through support at 22.81 then it will probably continue lower to 18.33. The stock has resistance at 32.00 and at 34.01. If the stock breaks up through resistance at 32.00 then it will probably continue higher to 34.01. The 200-day moving average is at 44.61. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (49.40).”
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