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Is COCO compressing before expansion? NR7 shows up after dropping 0.77%
COCO closed down 0.77% on Thursday, July 30th, with volume running 1.0× below average. consolidation patterns formed: NR7 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 66.1, 65.19 & 64.18, with resistance at 68.02, 69.03 & 69.94. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of COCO: C
Today’s move could mean more—check all the signals for COCO on SwingTradeBot.
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