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Is CPNG showing upside potential? Crossed Above 50 Day Moving Average shows up after climbing 4.38%
CPNG closed up 4.38% on Wednesday, July 1st, with volume running 0.6× below average. The session formed a Crossed Above 50 DMA, often signaling a possible continuation. Key support levels exist at 17.73, 17.32 & 17.09, with resistance at 18.36, 18.59 & 19.0.
Current SwingTradeBot Technical Rating of CPNG: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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