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Is CSBR coiling for a breakout? Narrow Range Bar shows up after rising 1.9%
On Friday, July 31st, CSBR moved up 1.9% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 5.3, 5.23 & 5.13, with resistance at 5.46, 5.56 & 5.63. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CSBR: F
There’s more where that came from. See all of today’s signals for CSBR here.
Read full article here »