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50 Day Moving Average Support appears for SANM after 6.71% move
On Friday, June 26th, SANM moved down 6.71% while volume was to 6.6× the usual levels. The unusually high volume suggests institutional participation in today's move. The session formed a 50 DMA Support, often signaling a possible continuation. Key support levels exist at 230.37, 224.19 & 215.24, with resistance at 245.51, 254.46 & 260.64.
Current SwingTradeBot Technical Rating of SANM: C
What else did SANM do today? Find out on SwingTradeBot.
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