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Is SXC showing upside potential? 50 Day Moving Average Support shows up after declining 1.17%
SXC closed down 1.17% on Thursday, July 16th, with volume running 0.8× below average. 50 DMA Support — typically a warning sign for traders — developed during the session. Key support levels exist at 8.33, 8.22 & 8.06, with resistance at 8.61, 8.77 & 8.88. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SXC: B
There’s more where that came from. See all of today’s signals for SXC here.
Read full article here »