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Fell Below 20 Day Moving Average appears for SCM after 0.53% move
SCM posted a 0.53% loss on Thursday, July 2nd, accompanied by 0.1× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 8.39, 8.34 & 8.28, with resistance at 8.49, 8.55 & 8.6.
Current SwingTradeBot Technical Rating of SCM: F
Today’s move could mean more—check all the signals for SCM on SwingTradeBot.
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