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Fell Below 20 Day Moving Average appears for CNOB after 4.85% move
On Thursday, July 23rd, CNOB moved down 4.85% while volume increased to 1.9× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA, Fell Below 50 DMA & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 30.71, 30.01 & 29.38, with resistance at 32.04, 32.67 & 33.37.
Current SwingTradeBot Technical Rating of CNOB: C
This might just be the start. See what else showed up for CNOB today.
Read full article here »