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Is CIB building bullish momentum? New 52 Week Closing High shows up after advancing 2.66%
CIB closed up 2.66% on Friday, August 21st, with volume running 0.7× below average. Multiple bullish signals emerged — New 52 Week High and New 52 Week Closing High — suggesting potential strength ahead. Key support levels exist at 99.79, 98.3 & 96.91, with resistance at 102.67, 104.06 & 105.55. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CIB: A
This might just be the start. See what else showed up for CIB today.
Read full article here »