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SU forms 50 Day Moving Average Resistance on July 14
On Tuesday, July 14th, SU moved down 0.38% while volume was to 0.8× the usual levels. 50 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 60.46, 59.89 & 58.99, with resistance at 61.94, 62.84 & 63.41. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SU: B
There’s more where that came from. See all of today’s signals for SU here.
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