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Is CHR positioned for a breakout? 20 Day Moving Average Support shows up after declining 2.01%
On Wednesday, July 22nd, CHR moved down 2.01% while volume was to 1.3× the usual levels. Mixed technical signals appeared with 20 DMA Support suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.82, 1.69 & 1.61, with resistance at 2.03, 2.11 & 2.24.
Current SwingTradeBot Technical Rating of CHR: F
There’s more where that came from. See all of today’s signals for CHR here.
Read full article here »