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New 52 Week Closing High appears for SWK after 2.82% move
On Friday, August 7th, SWK moved up 2.82% while volume increased to 1.7× the usual levels. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Upper Bollinger Band Walk, Slingshot Bullish & 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 101.4, 98.91 & 97.42, with resistance at 105.39, 106.88 & 109.37. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of SWK: A
There’s more where that came from. See all of today’s signals for SWK here.
Read full article here »