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Is CPK showing upside potential? Crossed Above 20 Day Moving Average shows up after rising 0.41%
On Wednesday, June 24th, CPK moved up 0.41% while volume was to 1.3× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross suggesting upside potential, while Shooting Star Candlestick indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 121.53, 121.01 & 120.14, with resistance at 122.92, 123.79 & 124.31.
Current SwingTradeBot Technical Rating of CPK: D
There’s more where that came from. See all of today’s signals for CPK here.
Read full article here »