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CIM forms Jack-in-the-box Bearish on July 21
CIM closed up 0.24% on Tuesday, July 21st, with volume running 0.6× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 12.68, 12.63 & 12.57, with resistance at 12.79, 12.85 & 12.9. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CIM: D
Today’s move could mean more—check all the signals for CIM on SwingTradeBot.
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