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Is SE positioned for a breakout? Slingshot Bullish shows up after sinking 0.4%
On Monday, July 13th, SE moved down 0.4% while volume increased to 1.5× the usual levels. Multiple bullish signals emerged — Upper Bollinger Band Walk and Slingshot Bullish — suggesting potential strength ahead. Key support levels exist at 109.01, 107.29 & 104.03, with resistance at 113.99, 117.25 & 118.97. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SE: C
There’s more where that came from. See all of today’s signals for SE here.
Read full article here »