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Slingshot Bullish appears for CNXN after 0.57% move
CNXN finished lower by 0.57% on Thursday, July 30th, trading 3.3 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, Wide Range Bar, Upper Bollinger Band Walk & Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 80.0, 77.49 & 73.34, with resistance at 86.66, 90.81 & 93.32.
Current SwingTradeBot Technical Rating of CNXN: A
There’s more where that came from. See all of today’s signals for CNXN here.
Read full article here »