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Is CNP gaining bullish strength? Slingshot Bullish shows up after dropping 2.65%
CNP posted a 2.65% loss on Wednesday, July 29th, accompanied by 1.0× normal trading volume. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and Fell Below 50 DMA and Bearish Engulfing and MACD Bearish Signal Line Cross and Expansion Pivot Sell Setup indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 42.32, 41.71 & 40.62, with resistance at 44.03, 45.12 & 45.73.
Current SwingTradeBot Technical Rating of CNP: B
More technical signals and insights for CNP → Visit SwingTradeBot.com
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