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SHIM forms 180 Bullish Setup on August 6
On Thursday, August 6th, SHIM remained flat, accompanied by volume at 0.3× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 4.04, 3.91 & 3.81, with resistance at 4.27, 4.37 & 4.5. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SHIM: B
There’s more where that came from. See all of today’s signals for SHIM here.
Read full article here »