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Is CGAU poised for gains? Pocket Pivot shows up after rocketing 7.22%
On Wednesday, August 5th, CGAU moved up 7.22% while volume was to 1.3× the usual levels. Multiple bullish signals emerged — Stochastic Reached Overbought, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 19.0, 18.53 & 18.22, with resistance at 19.78, 20.09 & 20.56. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CGAU: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »