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Is CSIQ gaining bearish strength? 50 Day Moving Average Resistance shows up after climbing 1.69%
CSIQ posted a 1.69% gain on Thursday, June 18th, accompanied by 0.6× normal trading volume. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 15.77, 15.27 & 14.93, with resistance at 16.62, 16.97 & 17.47.
Current SwingTradeBot Technical Rating of CSIQ: D
There’s more where that came from. See all of today’s signals for CSIQ here.
Read full article here »