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Is CDIO set to rally? Crossed Above 50 Day Moving Average shows up after rallying 8.44%
CDIO finished higher by 8.44% on Tuesday, October 28th, trading 2.2 times its typical volume. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Crossed Above 50 DMA and Bullish Engulfing and Stochastic Buy Signal and MACD Bullish Centerline Cross and Directional Movement Crossover Bullish and Expansion Pivot Buy Setup suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 3.9, 3.57 & 3.27, with resistance at 4.53, 4.83 & 5.16.
Current SwingTradeBot Technical Rating of CDIO: D
See all signals and full analysis for CDIO on SwingTradeBot.com →
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