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Is CNTN likely to continue higher? Directional Movement Crossover Bullish shows up after sinking 3.4%
On Thursday, July 2nd, CNTN moved down 3.4% while volume shrunk to 0.5× the usual levels. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while Fell Below 20 DMA and 180 Bearish Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 2.78, 2.73 & 2.62, with resistance at 2.95, 3.06 & 3.12.
Current SwingTradeBot Technical Rating of CNTN: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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