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Is CNMD poised for gains? Jack-in-the-box Bullish shows up after slipping 2.91%
CNMD finished lower by 2.91% on Tuesday, August 4th, trading 0.2 times its typical volume. consolidation patterns formed: Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 49.82, 49.29 & 48.54, with resistance at 51.1, 51.85 & 52.38.
Current SwingTradeBot Technical Rating of CNMD: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »