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Is SCKT showing downside potential? New 52 Week Closing Low shows up after dropping 3.23%
On Friday, July 10th, SCKT moved down 3.23% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 0.53, 0.52 & 0.51, with resistance at 0.56, 0.58 & 0.59. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SCKT: F
There’s more where that came from. See all of today’s signals for SCKT here.
Read full article here »