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Is CMT showing downside potential? 20 Day Moving Average Resistance shows up after a relatively flat session
CMT closed up 0.04% on Wednesday, July 1st, with volume running 0.5× below average. reversal patterns (Doji - Bearish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 23.19, 22.77 & 22.3, with resistance at 24.09, 24.56 & 24.98.
Current SwingTradeBot Technical Rating of CMT: C
Today’s move could mean more—check all the signals for CMT on SwingTradeBot.
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