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SRI forms 50 Day Moving Average Resistance on August 18
SRI finished lower by 0.71% on Tuesday, August 18th, trading 0.7 times its typical volume. Multiple bearish signals emerged — 50 DMA Resistance and 20 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 6.85, 6.68 & 6.48, with resistance at 7.21, 7.41 & 7.58.
Current SwingTradeBot Technical Rating of SRI: D
There’s more where that came from. See all of today’s signals for SRI here.
Read full article here »