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Is CDP signaling a buying opportunity? Stochastic Reached Overbought shows up after advancing 0.77%
CDP closed up 0.77% on Wednesday, November 5th, with volume running 1.1× above average. Stochastic Reached Overbought — typically a warning sign for traders — developed during the session. Key support levels exist at 28.53, 28.27 & 28.1, with resistance at 28.96, 29.13 & 29.39. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of CDP: C
This might just be the start. See what else showed up for CDP today.
Read full article here »