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Lower Bollinger Band Walk appears for CNQ after 3.26% move
CNQ finished lower by 3.26% on Thursday, June 18th, trading 1.9 times its typical volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 40.49, 39.95 & 39.09, with resistance at 41.9, 42.76 & 43.3. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CNQ: C
There’s more where that came from. See all of today’s signals for CNQ here.
Read full article here »