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Is SCKT primed for downward momentum? New 52 Week Closing Low shows up after sinking 3.73%
SCKT closed down 3.73% on Friday, July 10th, with volume running 0.4× below average. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7 and NR7-2 and Narrow Range Bar) suggest a potential shift in market dynamics. Key support levels exist at 0.53, 0.52 & 0.51, with resistance at 0.56, 0.58 & 0.59. Technical indicators like Slow Stochastic reveal oversold momentum right now.
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 »