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Upper Bollinger Band Walk appears for CDRE after 1.55% move
CDRE closed down 1.55% on Friday, September 19th, with volume running 2.0× above average. The unusually high volume suggests institutional participation in today's move. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 33.56, 33.34 & 32.95, with resistance at 34.17, 34.56 & 34.78. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CDRE: C
Today’s move could mean more—check all the signals for CDRE on SwingTradeBot.
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