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Is SBS positioned for a breakdown? Directional Movement Crossover Bearish shows up after sinking 2.2%
SBS closed down 2.2% on Thursday, July 16th, with volume running 0.9× below average. Directional Movement Crossover Bearish was spotted, which could indicate a shift in momentum. Key support levels exist at 5.72, 5.66 & 5.56, with resistance at 5.88, 5.98 & 6.04.
Current SwingTradeBot Technical Rating of SBS: B
There’s more where that came from. See all of today’s signals for SBS here.
Read full article here »