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Is CENX positioned for a breakout? 200 Day Moving Average Support shows up after rising 0.7%
CENX closed up 0.7% on Monday, June 29th, with volume running 0.2× below average. The session formed a 200 DMA Support, often signaling a possible continuation. Key support levels exist at 45.38, 44.18 & 43.24, with resistance at 47.52, 48.46 & 49.66. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CENX: D
There’s more where that came from. See all of today’s signals for CENX here.
Read full article here »