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Is CGTX primed for upward momentum? Bullish Engulfing shows up after advancing 4.43%
On Thursday, October 30th, CGTX moved up 4.43% while volume shrunk to 0.2× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 1.58, 1.51 & 1.47, with resistance at 1.69, 1.73 & 1.8. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of CGTX: D
Just a sneak peek — check SwingTradeBot.com for the full story on CGTX.
Read full article here »