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CWCO forms 50 Day Moving Average Support on July 29
CWCO closed down 2.58% on Wednesday, July 29th, with volume running 1.3× above average. Mixed technical signals appeared with 50 DMA Support and Slingshot Bullish suggesting upside potential, while New Downtrend and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 29.13, 28.8 & 28.3, with resistance at 29.97, 30.47 & 30.8.
Current SwingTradeBot Technical Rating of CWCO: D
There’s more where that came from. See all of today’s signals for CWCO here.
Read full article here »