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CL forms NR7 on July 1
On Wednesday, July 1st, CL moved up 1.18% while volume shrunk to 0.6× the usual levels. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 91.92, 91.08 & 90.64, with resistance at 93.21, 93.65 & 94.49. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CL: A
Don’t miss other key signals CL triggered—view them now on SwingTradeBot.com.
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