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Is SCL gaining bullish strength? Slingshot Bullish shows up after dropping 1.9%
SCL finished lower by 1.9% on Monday, June 29th, trading 0.9 times its typical volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 53.78, 52.9 & 52.08, with resistance at 55.48, 56.3 & 57.18. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of SCL: B
There’s more where that came from. See all of today’s signals for SCL here.
Read full article here »