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SABR forms Upper Bollinger Band Walk on July 2
On Thursday, July 2nd, SABR moved down 1.18% while volume shrunk to 0.5× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 2.05, 2.01 & 1.96, with resistance at 2.15, 2.2 & 2.24. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SABR: A
This might just be the start. See what else showed up for SABR today.
Read full article here »