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Is CGON positioned for a breakout? Directional Movement Crossover Bullish shows up after gaining 0.25%
On Wednesday, June 17th, CGON moved up 0.25% while volume was to 0.9× the usual levels. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 59.59, 58.74 & 57.33, with resistance at 61.85, 63.26 & 64.11.
Current SwingTradeBot Technical Rating of CGON: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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