CODX has all of its moving averages converging underneath its price after a strong green day on higher than relative volume. The bollinger bands are becoming more squeezed which represents consolidation with a soon breakout. The $20 range has been a resistance level tested several times. Looking for this to break above to the 22 area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.