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Is CODI likely to continue lower? Fell Below 20 Day Moving Average shows up after sinking 1.37%
CODI closed down 1.37% on Friday, September 19th, with volume running 1.7× above average. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 7.13, 7.06 & 6.96, with resistance at 7.31, 7.41 & 7.48.
Current SwingTradeBot Technical Rating of CODI: D
Today’s move could mean more—check all the signals for CODI on SwingTradeBot.
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