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Expansion Breakdown appears for CBRL after 7.64% move
CBRL finished lower by 7.64% on Thursday, September 18th, trading 3.5 times its typical volume. The unusually high volume suggests institutional participation in today's move. Expansion Breakdown was spotted, which could indicate a shift in momentum. Key support levels exist at 44.13, 42.47 & 39.54, with resistance at 48.72, 51.65 & 53.31. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of CBRL: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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