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Is SKM showing downside potential? Slingshot Bearish shows up after advancing 2.55%
SKM closed up 2.55% on Monday, July 20th, with volume running 0.6× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 31.08, 30.75 & 30.31, with resistance at 31.84, 32.28 & 32.61.
Current SwingTradeBot Technical Rating of SKM: C
There’s more where that came from. See all of today’s signals for SKM here.
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