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Is CMG ready to move higher? 200 Day Moving Average Support shows up after rising 1.83%
CMG posted a 1.83% gain on Thursday, August 20th, accompanied by 1.0× normal trading volume. Multiple bullish signals emerged — 200 DMA Support, MACD Bullish Signal Line Cross, MACD Bullish Centerline Cross & 20 DMA Support — suggesting potential strength ahead. Key support levels exist at 34.36, 33.42 & 32.88, with resistance at 35.84, 36.38 & 37.32.
Current SwingTradeBot Technical Rating of CMG: C
There’s more where that came from. See all of today’s signals for CMG here.
Read full article here »