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SOS forms Stochastic Buy Signal on July 15
SOS finished higher by 0.98% on Wednesday, July 15th, trading 0.8 times its typical volume. Mixed technical signals appeared with Stochastic Buy Signal suggesting upside potential, while 20 DMA Resistance and 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 0.99, 0.96 & 0.91, with resistance at 1.07, 1.12 & 1.15. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
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 »