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Is CNTX showing downside potential? 1,2,3 Retracement Bearish shows up after rocketing 7.77%
CNTX finished higher by 7.77% on Thursday, August 13th, trading 0.5 times its typical volume. Multiple bearish signals emerged — 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish — suggesting potential weakness ahead. Key support levels exist at 0.48, 0.45 & 0.44, with resistance at 0.52, 0.54 & 0.56. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CNTX: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »