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Is CVGI ready to move higher? Hammer Candlestick shows up after declining 2.09%
CVGI posted a 2.09% loss on Thursday, July 16th, accompanied by 0.4× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 4.59, 4.5 & 4.42, with resistance at 4.76, 4.84 & 4.93.
Current SwingTradeBot Technical Rating of CVGI: C
There’s more where that came from. See all of today’s signals for CVGI here.
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