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Fell Below 20 Day Moving Average appears for CECO after 3.88% move
On Thursday, October 9th, CECO moved down 3.88% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 49.19, 48.38 & 46.83, with resistance at 51.55, 53.1 & 53.91.
Current SwingTradeBot Technical Rating of CECO: C
Today’s move could mean more—check all the signals for CECO on SwingTradeBot.
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