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Is CMTG poised for a decline? Fell Below 20 Day Moving Average shows up after tumbling 6.51%
On Tuesday, September 16th, CMTG moved down 6.51% while volume was to 0.8× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA and MACD Bearish Signal Line Cross — suggesting potential weakness ahead. Key support levels exist at 3.47, 3.34 & 3.13, with resistance at 3.81, 4.02 & 4.15.
Current SwingTradeBot Technical Rating of CMTG: D
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