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Is CSIQ signaling a buying opportunity? New 52 Week Closing High shows up after rocketing 15.72%
CSIQ closed up 15.72% on Friday, October 31st, with volume running 3.7× above average. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, Wide Range Bar, New 52 Week Closing High, Stochastic Reached Overbought, Upper Bollinger Band Walk, Expansion Breakout & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 18.49, 16.23 & 14.82, with resistance at 22.16, 23.57 & 25.83. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of CSIQ: B
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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