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SON makes New 52 Week Closing High on July 2
On Thursday, July 2nd, SON moved up 2.37% while volume shrunk to 0.1× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High & Upper Bollinger Band Walk — suggesting potential strength ahead. Key support levels exist at 56.64, 55.8 & 55.37, with resistance at 57.91, 58.34 & 59.18. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SON: A
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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