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CCB forms Upper Bollinger Band Walk on July 2
CCB closed down 1.75% on Thursday, July 2nd, with volume running 0.1× below average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 77.35, 76.27 & 74.69, with resistance at 80.01, 81.59 & 82.67. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of CCB: D
Today’s move could mean more—check all the signals for CCB on SwingTradeBot.
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