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Is CMCM likely to continue higher? Hammer Candlestick shows up after a flat session
CMCM posted no change on Tuesday, July 21st, with volume running at 0.5× normal levels. Multiple bullish signals emerged — Hammer, Hammer Candlestick & Stochastic Reached Oversold — suggesting potential strength ahead. Key support levels exist at 2.95, 2.89 & 2.84, with resistance at 3.07, 3.12 & 3.18. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CMCM: F
There’s more where that came from. See all of today’s signals for CMCM here.
Read full article here »