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CUE Fell Below 50 Day Moving Average on August 17
On Monday, August 17th, CUE moved down 19.18% while volume surged to 2.0× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Fell Below 50 DMA, 180 Bearish Setup, Expansion Pivot Sell Setup, MACD Bearish Centerline Cross & Fell Below 20 DMA — suggesting potential weakness ahead. Key support levels exist at 25.28, 22.93 & 18.47, with resistance at 32.09, 36.55 & 38.9.
Current SwingTradeBot Technical Rating of CUE: C
This might just be the start. See what else showed up for CUE today.
Read full article here »