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Is CBU poised for a decline? Directional Movement Crossover Bearish shows up after declining 0.72%
On Friday, August 7th, CBU moved down 0.72% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 64.59, 64.32 & 63.95, with resistance at 65.23, 65.6 & 65.87.
Current SwingTradeBot Technical Rating of CBU: D
There’s more where that came from. See all of today’s signals for CBU here.
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