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SGI forms Slingshot Bearish on August 11
SGI closed up 0.6% on Tuesday, August 11th, with volume running 0.1× below average. The session formed a Slingshot Bearish, often signaling a possible continuation. Key support levels exist at 64.45, 63.7 & 62.39, with resistance at 66.51, 67.82 & 68.57. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SGI: F
There’s more where that came from. See all of today’s signals for SGI here.
Read full article here »