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Is SMWB about to break its pattern? NR7 shows up after gaining 1.92%
SMWB closed up 1.92% on Tuesday, August 4th, with volume running 0.6× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 7.3, 7.17 & 7.05, with resistance at 7.55, 7.67 & 7.8. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SMWB: A
Just a sneak peek — check SwingTradeBot.com for the full story on SMWB.
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