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Is CAAS gaining bullish strength? New Uptrend shows up after climbing 1.32%
On Thursday, August 13th, CAAS moved up 1.32% while volume was to 10.1× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Wide Range Bar, New Uptrend, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 4.48, 4.33 & 4.05, with resistance at 4.91, 5.19 & 5.34.
Current SwingTradeBot Technical Rating of CAAS: C
There’s more where that came from. See all of today’s signals for CAAS here.
Read full article here »