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SRFM forms 20 Day Moving Average Resistance on July 2
SRFM finished unchanged on Thursday, July 2nd, trading at 3.9 times its typical volume. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — 20 DMA Resistance and 50 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 0.94, 0.84 & 0.68, with resistance at 1.2, 1.36 & 1.46.
Current SwingTradeBot Technical Rating of SRFM: F
This might just be the start. See what else showed up for SRFM today.
Read full article here »