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CVGI forms Directional Movement Crossover Bullish on July 2
CVGI posted a 9.07% loss on Thursday, July 2nd, accompanied by 0.3× normal trading volume. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance and Non-ADX 1,2,3,4 Bearish and 180 Bearish Setup and Expansion Pivot Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 4.12, 3.84 & 3.28, with resistance at 4.96, 5.52 & 5.8.
Current SwingTradeBot Technical Rating of CVGI: C
Just a sneak peek — check SwingTradeBot.com for the full story on CVGI.
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