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Is SOS ready to move higher? Crossed Above 20 Day Moving Average shows up after advancing 1.96%
On Thursday, July 9th, SOS moved up 1.96% while volume shrunk to 0.2× the usual levels. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.01, 0.99 & 0.96, with resistance at 1.07, 1.1 & 1.13.
Current SwingTradeBot Technical Rating of SOS: F
There’s more where that came from. See all of today’s signals for SOS here.
Read full article here »