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Is SRI lining up for a decline? 20 Day Moving Average Resistance shows up after declining 4.02%
On Thursday, July 2nd, SRI moved down 4.02% while volume shrunk to 0.6× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA, Directional Movement Crossover Bearish & Expansion Pivot Sell Setup — suggesting potential weakness ahead. Key support levels exist at 6.72, 6.51 & 6.17, with resistance at 7.27, 7.61 & 7.82.
Current SwingTradeBot Technical Rating of SRI: D
More technical signals and insights for SRI → Visit SwingTradeBot.com
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