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Is CXW signaling a buying opportunity? New 52 Week Closing High shows up after gaining 2.07%
On Wednesday, July 1st, CXW moved up 2.07% while volume was to 1.0× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 30.44, 29.87 & 29.31, with resistance at 31.56, 32.12 & 32.69. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of CXW: A
This might just be the start. See what else showed up for CXW today.
Read full article here »