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Is SXC compressing before expansion? NR7 shows up after dropping 2.62%
On Monday, June 29th, SXC moved down 2.62% while volume shrunk to 0.3× the usual levels. consolidation patterns formed: NR7 and NR7-2, suggesting a potential continuation after price stabilization. Key support levels exist at 8.08, 7.99 & 7.83, with resistance at 8.34, 8.5 & 8.59. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SXC: B
Just a sneak peek — check SwingTradeBot.com for the full story on SXC.
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