Very new to technical analysis as this is my first chart I am posting. Please feel free to critique me as I would love any feedback!! Appears to be the sell volume is dying down and CNC could test old support at the $57.75 before bouncing back into the $60s. Triple bottom?
Comment:
Resistance at the $59.80-$60.00 area, if we can continue with good volume then next stop would be in the $61.15 area. If we continue to push and break the 100 EMA my PT will be $70