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Is CIIT compressing before expansion? Narrow Range Bar shows up after crashing 9.06%
CIIT closed down 9.06% on Wednesday, July 8th, with volume running 0.1× below average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 0.46, 0.44 & 0.41, with resistance at 0.5, 0.53 & 0.55. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CIIT: F
This might just be the start. See what else showed up for CIIT today.
Read full article here »