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Is SWX heading for a slide? Fell Below 20 Day Moving Average shows up after sinking 1.63%
On Thursday, July 30th, SWX moved down 1.63% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — Fell Below 20 DMA and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 89.94, 89.58 & 88.86, with resistance at 91.02, 91.74 & 92.1.
Current SwingTradeBot Technical Rating of SWX: A
Just a sneak peek — check SwingTradeBot.com for the full story on SWX.
Read full article here »