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Is SNDX positioned for a breakdown? 50 Day Moving Average Resistance shows up after dropping 0.39%
On Tuesday, August 11th, SNDX moved down 0.39% while volume shrunk to 0.4× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance and 200 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 19.96, 19.62 & 19.31, with resistance at 20.6, 20.91 & 21.25.
Current SwingTradeBot Technical Rating of SNDX: F
Just a sneak peek — check SwingTradeBot.com for the full story on SNDX.
Read full article here »