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Is CGEN positioned for a breakout? Upper Bollinger Band Walk shows up after gaining 1.27%
CGEN finished higher by 1.27% on Tuesday, July 7th, trading 0.5 times its typical volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 2.33, 2.27 & 2.23, with resistance at 2.43, 2.47 & 2.53. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CGEN: B
There’s more where that came from. See all of today’s signals for CGEN here.
Read full article here »