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Is SABR gaining bearish strength? Fell Below 20 Day Moving Average shows up after sliding 2.31%
SABR closed down 2.31% on Thursday, July 9th, with volume running 0.4× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.88, 1.86 & 1.82, with resistance at 1.94, 1.98 & 2.0.
Current SwingTradeBot Technical Rating of SABR: B
There’s more where that came from. See all of today’s signals for SABR here.
Read full article here »