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SGI forms NR7 on August 14
SGI closed down 0.42% on Friday, August 14th, with volume running 0.7× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 65.44, 64.81 & 64.1, with resistance at 66.77, 67.48 & 68.11. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SGI: F
Today’s move could mean more—check all the signals for SGI on SwingTradeBot.
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