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Is CBAN setting up for a drop? Fell Below 50 Day Moving Average shows up after slipping 1.88%
CBAN closed down 1.88% on Wednesday, July 8th, with volume running 0.8× below average. Multiple bearish signals emerged — Fell Below 50 DMA and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 19.57, 19.36 & 19.05, with resistance at 20.09, 20.4 & 20.61.
Current SwingTradeBot Technical Rating of CBAN: B
There’s more where that came from. See all of today’s signals for CBAN here.
Read full article here »