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SOLS forms 20 Day Moving Average Resistance on July 2
On Thursday, July 2nd, SOLS moved down 3.35% while volume shrunk to 0.3× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, 50 DMA Resistance & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 77.85, 75.53 & 71.76, with resistance at 83.95, 87.72 & 90.04.
Current SwingTradeBot Technical Rating of SOLS: C
There’s more where that came from. See all of today’s signals for SOLS here.
Read full article here »