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Is CGEM signaling selling opportunity? New 52 Week Closing Low shows up after crashing 5.72%
CGEM closed down 5.72% on Wednesday, September 17th, with volume running 1.1× above average. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 5.74, 5.56 & 5.22, with resistance at 6.26, 6.6 & 6.78. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of CGEM: F
Today’s move could mean more—check all the signals for CGEM on SwingTradeBot.
Read full article here »