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Is SCKT heading for a slide? New 52 Week Closing Low shows up after declining 1.48%
SCKT closed down 1.48% on Monday, July 20th, with volume running 0.6× below average. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.47, 0.45 & 0.42, with resistance at 0.52, 0.55 & 0.57. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SCKT: F
There’s more where that came from. See all of today’s signals for SCKT here.
Read full article here »