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Is CDRO building bullish momentum? Stochastic Buy Signal shows up after advancing 1.41%
CDRO closed up 1.41% on Tuesday, August 11th, with volume running 0.0× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 8.93, 8.87 & 8.85, with resistance at 9.01, 9.03 & 9.09. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CDRO: C
There’s more where that came from. See all of today’s signals for CDRO here.
Read full article here »