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SWRLS
Jan 7, 2024 6:34 PM

CNX 200 EMA Bounce and Wedge Pop Long

CNX Resources CorporationNYSE

Description

CNX bounced off the 200 EMA on the daily and has broken out of a downward wedge. A move over $21.00, and a reclaim of the 50 EMA should send this back up to test the highs. Looks even better on the weekly chart imo. Target $23.50
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