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Is CCO primed for upward momentum? Crossed Above 20 Day Moving Average shows up after gaining 0.42%
CCO closed up 0.42% on Thursday, July 30th, with volume running 0.5× below average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (Bollinger Band Squeeze) suggest a potential shift in market dynamics. Key support levels exist at 2.4, 2.4 & 2.39, with resistance at 2.41, 2.42 & 2.42.
Current SwingTradeBot Technical Rating of CCO: A
There’s more where that came from. See all of today’s signals for CCO here.
Read full article here »