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Is CXW primed for upward momentum? Upper Bollinger Band Walk shows up after sliding 1.65%
On Thursday, July 23rd, CXW moved down 1.65% while volume increased to 1.8× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 31.02, 30.4 & 29.75, with resistance at 32.3, 32.94 & 33.57. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CXW: A
Just a sneak peek — check SwingTradeBot.com for the full story on CXW.
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