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Is SLGN coiling for a breakout? Bollinger Band Squeeze shows up after advancing 0.73%
SLGN closed up 0.73% on Wednesday, August 26th, with volume running 0.0× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 42.64, 42.3 & 41.92, with resistance at 43.36, 43.74 & 44.08. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SLGN: C
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