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CIG Crossed Above 50 Day Moving Average on July 10
CIG closed up 3.54% on Friday, July 10th, with volume running 0.3× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 2.18, 2.17 & 2.16, with resistance at 2.21, 2.22 & 2.23. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CIG: C
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