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SKM Fell Below 20 Day Moving Average on July 28
SKM closed down 12.8% on Tuesday, July 28th, with volume running 1.3× above average. Multiple bearish signals emerged — Fell Below 20 DMA, Upper Bollinger Band Walk & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 30.18, 29.62 & 28.98, with resistance at 31.38, 32.02 & 32.58.
Current SwingTradeBot Technical Rating of SKM: D
This might just be the start. See what else showed up for SKM today.
Read full article here »