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Is SON compressing before expansion? Bollinger Band Squeeze shows up after rising 1.99%
SON closed up 1.99% on Friday, August 21st, with volume running 0.1× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 58.96, 58.42 & 58.1, with resistance at 59.81, 60.13 & 60.67. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of SON: A
This might just be the start. See what else showed up for SON today.
Read full article here »