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SKM forms Slingshot Bearish on July 2
On Thursday, July 2nd, SKM moved down 0.22% while volume shrunk to 0.2× the usual levels. Slingshot Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 31.02, 30.23 & 29.56, with resistance at 32.48, 33.15 & 33.94. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of SKM: C
This might just be the start. See what else showed up for SKM today.
Read full article here »