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CNXC Crossed Above 50 Day Moving Average on July 16
On Thursday, July 16th, CNXC moved up 2.94% while volume shrunk to 0.1× the usual levels. Crossed Above 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 24.98, 24.38 & 23.84, with resistance at 26.12, 26.66 & 27.26. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CNXC: D
This might just be the start. See what else showed up for CNXC today.
Read full article here »