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SCM makes New 52 Week Closing Low on July 20
SCM closed down 6.24% on Monday, July 20th, with volume running 4.3× above average. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, Wide Range Bar & New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 6.8, 6.46 & 6.09, with resistance at 7.51, 7.88 & 8.22.
Current SwingTradeBot Technical Rating of SCM: F
Traders are watching SCM for a reason. See the full signal list.
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