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CVV forms 50 Day Moving Average Support on June 26
CVV closed down 2.76% on Friday, June 26th, with volume running 0.6× below average. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.25, 5.98 & 5.75, with resistance at 6.75, 6.98 & 7.25.
Current SwingTradeBot Technical Rating of CVV: C
There’s more where that came from. See all of today’s signals for CVV here.
Read full article here »