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Charter Communications Stock Approaches the Overbought Zone

Ambrish Shah
Charter Communications Stock Approaches the Overbought Zone

Recently, Charter Communications (CHTR) rose above its 20-day moving average, implying a bullish sentiment in its stock. On June 11, Charter stock closed the trading day at $391.64. Based on this figure, the stock was trading 2.6% above its 20-day moving average of $381.55.