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Is CNNE gaining bullish strength? 50 Day Moving Average Support shows up after dropping 1.09%
CNNE posted a 1.09% loss on Friday, July 31st, accompanied by 0.7× normal trading volume. Mixed technical signals appeared with 50 DMA Support and Hammer Candlestick and Non-ADX 1,2,3,4 Bullish suggesting upside potential, while Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 14.38, 14.2 & 14.05, with resistance at 14.7, 14.85 & 15.03.
Current SwingTradeBot Technical Rating of CNNE: B
There’s more where that came from. See all of today’s signals for CNNE here.
Read full article here »