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COCO forms 20 Day Moving Average Resistance on July 14
On Tuesday, July 14th, COCO moved down 0.81% while volume was to 0.9× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance & Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 72.85, 71.68 & 70.1, with resistance at 75.6, 77.18 & 78.35.
Current SwingTradeBot Technical Rating of COCO: B
There’s more where that came from. See all of today’s signals for COCO here.
Read full article here »