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Is CODI ready to move lower? 20 Day Moving Average Resistance shows up after climbing 0.5%
CODI closed up 0.5% on Thursday, July 30th, with volume running 0.6× below average. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 9.97, 9.89 & 9.78, with resistance at 10.16, 10.27 & 10.35.
Current SwingTradeBot Technical Rating of CODI: B
There’s more where that came from. See all of today’s signals for CODI here.
Read full article here »