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50 Day Moving Average Resistance appears for SGC after 0.45% move
On Tuesday, September 16th, SGC moved up 0.45% while volume was to 1.0× the usual levels. Multiple bearish signals emerged — 50 DMA Resistance and MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 11.05, 10.87 & 10.56, with resistance at 11.55, 11.86 & 12.05. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of SGC: F
Today’s move could mean more—check all the signals for SGC on SwingTradeBot.
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