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CWT forms Shooting Star Candlestick on June 30
On Tuesday, June 30th, CWT moved down 0.49% while volume shrunk to 0.2× the usual levels. Multiple bearish signals emerged — Shooting Star, New 52 Week High, Shooting Star Candlestick, Lizard Bearish & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 48.2, 47.74 & 47.03, with resistance at 49.37, 50.08 & 50.54. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CWT: A
Just a sneak peek — check SwingTradeBot.com for the full story on CWT.
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