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CMP Crossed Above 50 Day Moving Average on July 10
CMP closed up 2.89% on Friday, July 10th, with volume running 0.4× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 29.22, 28.58 & 28.18, with resistance at 30.26, 30.66 & 31.3.
Current SwingTradeBot Technical Rating of CMP: B
Today’s move could mean more—check all the signals for CMP on SwingTradeBot.
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