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TerraForm Power Inc (TERP) “On a long-term technical basis, the stock (TERP) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 19.26 and 18.12. If the stock breaks down through support at 19.26 then it will probably continue lower to 18.12. The stock will meet resistance at 19.53 and 21.98. If the stock breaks up through resistance at 19.53 then it will probably continue higher to 21.98. The 200-day moving average is at 17.39. This will also act as support. The stock is neutral according to the Stochastic Indicator (52.78).”
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