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Is SON ready to move higher? Stochastic Reached Overbought shows up after soaring 5.43%
SON posted a 5.43% gain on Wednesday, June 24th, accompanied by 0.3× normal trading volume. The session formed a Stochastic Reached Overbought, often signaling a possible continuation. Key support levels exist at 52.23, 50.9 & 50.24, with resistance at 54.21, 54.87 & 56.2. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SON: A
There’s more where that came from. See all of today’s signals for SON here.
Read full article here »