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MACD Bearish Signal Line Cross appears for CNI after 2.14% move
CNI closed down 2.14% on Thursday, July 30th, with volume running 2.6× above average. The unusually high volume suggests institutional participation in today's move. The session formed a MACD Bearish Signal Line Cross, often signaling a possible continuation. Key support levels exist at 125.31, 123.55 & 120.74, with resistance at 129.87, 132.68 & 134.44.
Current SwingTradeBot Technical Rating of CNI: A
Today’s move could mean more—check all the signals for CNI on SwingTradeBot.
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