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Is SABR preparing to trend higher? 50 Day Moving Average Support shows up after declining 3.72%
On Wednesday, July 29th, SABR moved down 3.72% while volume shrunk to 0.5× the usual levels. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.77, 1.73 & 1.66, with resistance at 1.87, 1.94 & 1.98.
Current SwingTradeBot Technical Rating of SABR: C
There’s more where that came from. See all of today’s signals for SABR here.
Read full article here »