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Slingshot Bullish appears for SGMT after 8.44% move
On Monday, July 20th, SGMT moved down 8.44% while volume was to 0.9× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 6.87, 6.59 & 6.02, with resistance at 7.72, 8.29 & 8.57.
Current SwingTradeBot Technical Rating of SGMT: C
More technical signals and insights for SGMT → Visit SwingTradeBot.com
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