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CVGI forms Upper Bollinger Band Walk on September 16
On Tuesday, September 16th, CVGI moved up 1.57% while volume was to 0.7× the usual levels. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1.9, 1.86 & 1.83, with resistance at 1.97, 2.0 & 2.04. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of CVGI: C
Today’s move could mean more—check all the signals for CVGI on SwingTradeBot.
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