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SM forms Upper Bollinger Band Walk on July 20
SM closed down 0.08% on Monday, July 20th, with volume running 0.7× below average. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 30.68, 30.06 & 29.46, with resistance at 31.89, 32.49 & 33.11. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SM: A
Just a sneak peek — check SwingTradeBot.com for the full story on SM.
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