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Is CDT about to break its pattern? Narrow Range Bar shows up after surging 9.33%
On Friday, July 31st, CDT moved up 9.33% while volume shrunk to 0.1× the usual levels. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 2.71, 2.49 & 2.38, with resistance at 3.04, 3.15 & 3.37. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CDT: F
There’s more where that came from. See all of today’s signals for CDT here.
Read full article here »