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Slingshot Bullish appears for CNI after 1.81% move
CNI posted a 1.81% loss on Monday, July 20th, accompanied by 1.0× normal trading volume. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Evening Star indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 125.83, 124.97 & 123.33, with resistance at 128.33, 129.97 & 130.83. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CNI: A
There’s more where that came from. See all of today’s signals for CNI here.
Read full article here »