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CCO forms 180 Bearish Setup on August 28
On Friday, August 28th, CCO moved down 1.88% while volume increased to 1.8× the usual levels. Multiple bearish signals emerged — 180 Bearish Setup and Fell Below 20 DMA — suggesting potential weakness ahead. Key support levels exist at 2.32, 2.3 & 2.26, with resistance at 2.38, 2.42 & 2.44.
Current SwingTradeBot Technical Rating of CCO: D
There’s more where that came from. See all of today’s signals for CCO here.
Read full article here »