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Is SURG building bearish momentum? New 52 Week Closing Low shows up after plummeting 8.09%
On Thursday, July 30th, SURG moved down 8.09% while volume shrunk to 0.2× the usual levels. Multiple bearish signals emerged — New 52 Week Low and New 52 Week Closing Low — suggesting potential weakness ahead. Key support levels exist at 0.21, 0.2 & 0.18, with resistance at 0.24, 0.26 & 0.27. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of SURG: F
Just a sneak peek — check SwingTradeBot.com for the full story on SURG.
Read full article here »