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SOS forms Directional Movement Crossover Bearish on July 20
SOS closed down 6.0% on Monday, July 20th, with volume running 1.3× above average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 0.93, 0.91 & 0.89, with resistance at 0.96, 0.98 & 1.0. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SOS: F
There’s more where that came from. See all of today’s signals for SOS here.
Read full article here »