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SOPH forms Shooting Star Candlestick on June 22
SOPH closed down 2.11% on Monday, June 22nd, with volume running 4.1× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — Shooting Star, Shooting Star Candlestick & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 5.19, 5.04 & 4.84, with resistance at 5.54, 5.74 & 5.89.
Current SwingTradeBot Technical Rating of SOPH: A
There’s more where that came from. See all of today’s signals for SOPH here.
Read full article here »