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Is SHG showing downside potential? Fell Below 20 Day Moving Average shows up after dropping 2.56%
On Thursday, August 20th, SHG moved down 2.56% while volume shrunk to 0.0× the usual levels. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 71.36, 71.05 & 70.55, with resistance at 72.17, 72.67 & 72.98.
Current SwingTradeBot Technical Rating of SHG: A
This might just be the start. See what else showed up for SHG today.
Read full article here »