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Is CFFI likely to continue higher? New 52 Week Closing High shows up after climbing 3.69%
On Wednesday, August 5th, CFFI moved up 3.69% while volume was to 27.6× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, Wide Range Bar, New 52 Week Closing High, Reversal New Highs Setup, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 82.57, 77.95 & 74.35, with resistance at 90.79, 94.39 & 99.01. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CFFI: A
There’s more where that came from. See all of today’s signals for CFFI here.
Read full article here »