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Is CULP positioned for a breakout? Crossed Above 20 Day Moving Average shows up after rocketing 11.0%
CULP closed up 11.0% on Thursday, July 2nd, with volume running 1.9× above average. Multiple bullish signals emerged — Crossed Above 20 DMA, Crossed Above 50 DMA, Wide Range Bar, MACD Bullish Centerline Cross, MACD Bullish Signal Line Cross, 180 Bullish Setup & Expansion Pivot Buy Setup — suggesting potential strength ahead. Key support levels exist at 3.19, 2.94 & 2.79, with resistance at 3.59, 3.74 & 3.99.
Current SwingTradeBot Technical Rating of CULP: C
More technical signals and insights for CULP → Visit SwingTradeBot.com
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