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Is CENX poised for gains? Crossed Above 50 Day Moving Average shows up after rocketing 11.58%
CENX posted a 11.58% gain on Friday, August 7th, accompanied by 1.6× normal trading volume. Multiple bullish signals emerged — Crossed Above 50 DMA, Crossed Above 200 DMA, Upper Bollinger Band Walk, Directional Movement Crossover Bullish & Expansion Pivot Buy Setup — suggesting potential strength ahead. Key support levels exist at 48.31, 45.36 & 43.14, with resistance at 53.48, 55.7 & 58.65.
Current SwingTradeBot Technical Rating of CENX: C
There’s more where that came from. See all of today’s signals for CENX here.
Read full article here »