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Is SABR poised for gains? Bullish Engulfing shows up after gaining 2.92%
On Wednesday, July 15th, SABR moved up 2.92% while volume shrunk to 0.5× the usual levels. The session formed a Bullish Engulfing, often signaling a possible continuation. Key support levels exist at 1.71, 1.66 & 1.63, with resistance at 1.8, 1.83 & 1.88. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SABR: D
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