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CIB forms Shooting Star Candlestick on July 24
CIB posted a 0.9% loss on Friday, July 24th, accompanied by 1.1× normal trading volume. Multiple bearish signals emerged — Shooting Star, New 52 Week High, Shooting Star Candlestick, Lizard Bearish & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 85.33, 84.66 & 83.3, with resistance at 87.36, 88.72 & 89.39. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of CIB: A
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