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Is CNP about to break its pattern? NR7 shows up after gaining 0.37%
On Tuesday, August 11th, CNP moved up 0.37% while volume was to 0.7× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 39.89, 39.6 & 39.4, with resistance at 40.38, 40.58 & 40.87. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CNP: D
More technical signals and insights for CNP → Visit SwingTradeBot.com
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