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Is SBSW primed for upward momentum? 200 Day Moving Average Support shows up after declining 0.79%
SBSW finished lower by 0.79% on Monday, August 24th, trading 0.9 times its typical volume. 200 DMA Support — typically a warning sign for traders — developed during the session. Key support levels exist at 12.33, 12.19 & 12.05, with resistance at 12.62, 12.76 & 12.9. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SBSW: C
There’s more where that came from. See all of today’s signals for SBSW here.
Read full article here »