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Upper Bollinger Band Walk appears for SON after 1.37% move
SON closed up 1.37% on Friday, June 26th, with volume running 0.7× below average. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 54.39, 53.7 & 53.31, with resistance at 55.47, 55.85 & 56.55. 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 »