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CNQ forms Lower Bollinger Band Walk on June 18
CNQ closed down 3.23% on Thursday, June 18th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 40.51, 39.96 & 39.12, with resistance at 41.89, 42.73 & 43.28. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CNQ: C
What else did CNQ do today? Find out on SwingTradeBot.
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