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Is CSL signaling selling opportunity? 20 Day Moving Average Resistance shows up after slipping 2.09%
On Friday, July 17th, CSL moved down 2.09% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance and Fell Below 50 DMA — suggesting potential weakness ahead. Key support levels exist at 340.21, 335.03 & 325.77, with resistance at 354.65, 363.91 & 369.09.
Current SwingTradeBot Technical Rating of CSL: C
There’s more where that came from. See all of today’s signals for CSL here.
Read full article here »