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Is SCHL setting up for a drop? Shooting Star Candlestick shows up after slipping 0.22%
SCHL posted a 0.22% loss on Tuesday, June 30th, accompanied by 0.8× normal trading volume. Multiple bearish signals emerged — Shooting Star, New 52 Week High, Shooting Star Candlestick & Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 45.37, 44.75 & 43.96, with resistance at 46.79, 47.58 & 48.2. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of SCHL: A
Just a sneak peek — check SwingTradeBot.com for the full story on SCHL.
Read full article here »