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Is CNL likely to continue higher? New 52 Week Closing High shows up after rising 2.08%
CNL closed up 2.08% on Wednesday, October 1st, with volume running 0.9× below average. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 14.46, 14.17 & 13.93, with resistance at 15.0, 15.24 & 15.53. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of CNL: B
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »