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Is CODI showing downside potential? Fell Below 20 Day Moving Average shows up after dropping 3.19%
On Wednesday, July 29th, CODI moved down 3.19% while volume shrunk to 0.7× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA and 180 Bearish Setup — suggesting potential weakness ahead. Key support levels exist at 9.89, 9.77 & 9.55, with resistance at 10.23, 10.45 & 10.57.
Current SwingTradeBot Technical Rating of CODI: B
There’s more where that came from. See all of today’s signals for CODI here.
Read full article here »