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Is CIG set to breakout? Bollinger Band Squeeze shows up after advancing 1.92%
CIG closed up 1.92% on Thursday, July 9th, with volume running 1.2× above average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 2.09, 2.05 & 2.03, with resistance at 2.14, 2.16 & 2.2.
Current SwingTradeBot Technical Rating of CIG: C
Just a sneak peek — check SwingTradeBot.com for the full story on CIG.
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