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SHG Crossed Above 20 Day Moving Average on August 3
On Monday, August 3rd, SHG moved up 1.79% while volume shrunk to 0.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 70.83, 70.48 & 70.15, with resistance at 71.52, 71.85 & 72.2.
Current SwingTradeBot Technical Rating of SHG: A
Just a sneak peek — check SwingTradeBot.com for the full story on SHG.
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