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Is CIM showing downside potential? Stochastic Reached Oversold shows up after dropping 1.62%
On Thursday, August 20th, CIM moved down 1.62% while volume shrunk to 0.1× the usual levels. The session formed a Stochastic Reached Oversold, often signaling a possible continuation. Key support levels exist at 11.48, 11.38 & 11.26, with resistance at 11.69, 11.81 & 11.91. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of CIM: D
Just a sneak peek — check SwingTradeBot.com for the full story on CIM.
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