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SBLK forms 50 Day Moving Average Resistance on June 25
SBLK closed down 1.32% on Thursday, June 25th, with volume running 1.0× above average. 50 DMA Resistance was spotted, which could indicate a shift in momentum. Key support levels exist at 25.09, 24.86 & 24.46, with resistance at 25.72, 26.12 & 26.35.
Current SwingTradeBot Technical Rating of SBLK: C
Today’s move could mean more—check all the signals for SBLK on SwingTradeBot.
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