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Non-ADX 1,2,3,4 Bullish appears for CMC after 1.27% move
CMC closed up 1.27% on Monday, June 22nd, with volume running 1.5× above average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 72.57, 71.87 & 71.36, with resistance at 73.78, 74.29 & 74.99. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of CMC: B
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