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Is CBT preparing to trend higher? Slingshot Bullish shows up after declining 3.28%
CBT posted a 3.28% loss on Monday, June 29th, accompanied by 0.3× normal trading volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 88.32, 86.3 & 84.7, with resistance at 91.93, 93.53 & 95.55. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of CBT: A
There’s more where that came from. See all of today’s signals for CBT here.
Read full article here »