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Is CGNX likely to continue higher? Crossed Above 20 Day Moving Average shows up after climbing 4.56%
On Thursday, June 25th, CGNX moved up 4.56% while volume was to 0.9× the usual levels. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 65.25, 63.95 & 62.9, with resistance at 67.6, 68.65 & 69.95.
Current SwingTradeBot Technical Rating of CGNX: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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