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Is CRNT showing downside potential? 50 Day Moving Average Resistance shows up after slipping 1.12%
CRNT posted a 1.12% loss on Tuesday, June 23rd, accompanied by 0.7× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 2.61, 2.57 & 2.54, with resistance at 2.68, 2.71 & 2.75. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CRNT: C
Traders are watching CRNT for a reason. See the full signal list.
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